The primary cause of frictional unemployment is:
a. discouraged workers who give up looking for work.
b. fluctuations in aggregate demand.
c. the lack of training and marketable qualifications in job seekers.
d. inaccurate information about job opportunities.
d
You might also like to view...
Tariffs and quotas are essentially identical in their effects
Indicate whether the statement is true or false
Open market operations are an appropriate tool for day-to-day changes in monetary policy
Indicate whether the statement is true or false
Suppose that the government passes a law requiring households to increase savings 10% above previous levels. According to Solow's growth theory, in the long run
A) output per capita grows more rapidly. B) output per capita grows at the constant steady state rate, n. C) output per capita stays constant. D) None of the above.
Suppose a tax on buyers has been imposed in the graph shown. Once the tax is in place, the sellers experience:
A. a decrease in supply.
B. an increase in supply.
C. a decrease in quantity supplied.
D. an increase in quantity supplied.