During the off season, a fruit picker did not work, so he should be considered:
a. cyclically unemployed.
b. frictionally unemployed.
c. structurally unemployed.
d. seasonally unemployed.
e. naturally unemployed.
d
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If we compare the Canadian natural unemployment rate to the U.S. natural unemployment rate, we find that for most years since 1980
A) the Canadian rate is higher, possibly the result of higher unemployment benefits in the United States for most of those years. B) the U.S. rate is higher, possibly the result of greater job search within a larger country. C) they are essentially the same because we have a lot in common. D) the Canadian rate is higher, possibly the result of higher unemployment benefits in Canada for most of those years. E) The U.S. rate is higher, possibly the result of more structural change occurring in the United States.
According to the production possibilities model, if more resources are allocated to the production of physical and human capital, then all of the following are likely to happen except
A) the country's total production will fall. B) future economic growth is enhanced. C) the production possibilities frontier will be shift outward in the future. D) fewer goods will be produced for consumption today.
The baby boom of the post–World War II period had the greatest impact on the size of the U.S. labor force in _____
a. the 1980s b. the 1970s c. the 1960s d. the 1950s e. the late 1940s
The indifference curves for right shoes and left shoes will be:
A. L-shaped. B. convex. C. a straight line with positive slope. D. a straight line with negative slope.