Bill loses his job as a loan officer when the bank he works for is bought up by a larger financial institution. Bill has the skills necessary to find a new job, so as Bill searches for work he is best considered an example of
A) frictional unemployment.
B) structural unemployment.
C) cyclical unemployment.
D) a discouraged worker.
A
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People tend to "dress up" for job interviews, even though their clothes do not make them more productive in their positions. This situation is an example of
a. signaling. b. adverse selection. c. the principal-agent problem. d. moral hazard.
Can the Federal Reserve achieve both low inflation and low levels of unemployment? Explain
What will be an ideal response?
An increase in the expected rate of inflation is most likely to cause an increase in ________
A) the ex post real interest rate B) the ex ante real interest rate C) the nominal interest rate D) the expected real interest rate E) none of the above
The pattern of inflation around the world has been very _____________.
a. mixed b. steady c. static d. flat