Bob just graduated from college and has just landed his first job with a local accounting firm that will start in three months. Bob plans to use that time to find a place to live, and adjust to the new area. Bob would be considered:
A. frictionally unemployed.
B. employed.
C. structurally unemployed.
D. Bob is not in the labor force.
D. Bob is not in the labor force.
You might also like to view...
The IRS receives approximately
a. 80 percent of the taxes owed b. 50 percent of the taxes owed c. 40 percent of the taxes owed d. 20 percent of the taxes owed e. 10 percent of the taxes owed
If congress and the federal reserve bank both wished to encourage growth of productive capacity in an economy already close to full employment, it would be most appropriate to
a) increase interest rates by buying bonds on the open market b) use a tight money policy to decrease government spending c) reduce taxes on consumption, increase income taxes, and increase government transfer payments d) reduce interest rates by engaging in open market operations and raise taxes on personal income e) increases capital gains taxes and decrease the money supply
An increase in consumption, investment, or net exports caused by a decrease in government purchases is known as
A) crowding in. B) a closed economy. C) crowding out. D) demand-side effects.
The difference between what can be produced and consumed without specialization and trade and with specialization and trade is called:
a. comparative advantage. b. a tradeoff. c. marginal cost. d. opportunity cost. e. gains from trade.