Name two types of jobs most likely affected by "seasonal unemployment."
What will be an ideal response?
farming, construction work
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The fact that output gaps will not last indefinitely, but will be closed by rising or falling inflation is the economy's:
A. income-expenditure multiplier. B. self-correcting property. C. short-run equilibrium property. D. long-run equilibrium property.
If the exchange rate depreciates, then the
A) demand for dollars decreases. B) quantity of dollars demanded decreases. C) supply of dollars decreases. D) demand for dollars increases. E) quantity of dollars demanded increases.
According to the Bureau of Labor Statistics, a person who is self-employed is considered
A) unemployed. B) employed. C) not in the labor force. D) a discouraged worker.
A constant contributor to labor productivity growth during the entire 1948-2000 period was
a. capital formation. b. technological change. c. labor force growth. d. government spending.