People become unemployed when they

A) leave university and start seeking work.
B) retire.
C) are on maternity leave.
D) quit working to go to university.
E) all of the above.


A) leave university and start seeking work.

Economics

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If the nominal exchange rate were to be expressed as the number of units of domestic currency per unit of foreign currency, and that rate decreases, then the domestic currency has:

A. become overvalued. B. become undervalued. C. appreciated. D. depreciated.

Economics

Cyclical unemployment is

A) the total of structural and frictional unemployment. B) created by a recession. C) part of frictional unemployment. D) higher when the economy is expanding. E) always greater than the total of structural and frictional unemployment.

Economics

All other things being equal, an increase in the supply of labor will lead to a fall in the wage

a. True b. False Indicate whether the statement is true or false

Economics

What effect does the following transaction have on the U.S. balance of payments?(Choose the proper debit and credit entries.)U.S. residents invest in Swiss bank accounts by converting their U.S. dollar savings deposits into Swiss francs and then investing them

a. Debit the U.S. financial account; credit the U.S. current account. b. Credit the U.S. financial account; debit the U.S. current account. c. Debit the U.S. financial account; credit the U.S. financial account. d. Credit the U.S. financial account; debit errors and omissions.

Economics