During the Great Depression of the 1930s when the unemployment rate was exceptionally high due to the Great Depression, the government had employment programs, such as the Civilian Conservation Corps, which built campsites and planted trees. These programs were aimed at reducing which type of unemployment?
A) cyclical
B) avoidable
C) structural
D) frictional
E) discouraged
A
You might also like to view...
Long Beach Island, off the coast of New Jersey, is considering enhancing its system of satellite towers to help communication during emergencies such as hurricanes
A study showed that in Superstorm Sandy the existing number of satellite towers resulted in the marginal social cost of a satellite tower being less than the marginal social benefit. To achieve efficiency, this study indicates that the A) system should be left as is because the quantity of satellite towers is efficient. B) system should be reduced in size because the quantity of satellite towers is more than the efficient quantity. C) system should be expanded because the quantity of satellite towers is less than the efficient quantity. D) None of the above because the study erred in comparing the marginal social cost to the marginal social benefit since it should have compared the marginal private cost to the marginal private benefit.
The rapid depreciation in the dollar from 1985 to 1987 caused net exports during this period
A) to rise as the J curve would have predicted, but with a short lag (less than one year). B) to rise as the J curve would have predicted, but with a long lag (more than one year). C) to fall as the J curve would have predicted, but with a short lag (less than one year). D) to fall as the J curve would have predicted, but with a long lag (more than one year).
Money is scarce, but resources are not
a. True b. False Indicate whether the statement is true or false
Queuing is a way to ration goods
A. through the use of political power. B. through prices. C. through markets. D. on a first-come, first-serve basis.