What is structural unemployment?

What will be an ideal response?


Structural unemployment is unemployment that occurs as the economy evolves, and reflects a mismatch of skills and jobs.

Economics

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When there is a recessionary gap, inflation will ________, in response to which the Federal Reserve will ________ real interest rates, and output will ________.

A. decline; lower; decline B. increase; raise; decline C. decline; lower; expand D. decline; raise; decline

Economics

A central bank like the Federal Reserve in the United States can help banks survive a bank run by

A) raising the discount rate. B) acting as a lender of last resort. C) printing money. D) increasing the required reserve ratio.

Economics

Cambridge Corporation sold buildings and a machine for cash. Indicate which section, if any, this transaction would appear in, or relate to, on a statement of cash flows.

A. Operating activities section B. Investing activities section C. Financing activities section D. Does not appear on cash flow statement

Economics

Increases in government spending result in ________ in the short run, and permanent increases in government spending result in ________ in the long run

A) partial crowding out; partial crowding out B) partial crowding out; complete crowding out C) complete crowding out; complete crowding out D) complete crowding out; partial crowding out

Economics