Which of the following is an example of a worker experiencing cyclical unemployment?
A) a worker who changes jobs to move closer to her family
B) an assembly line worker who loses his job because of automation
C) a freightliner employee that got laid off because of the recession of 2007-2009
D) a lifeguard who was hired during the summer season is laid off after summer is over
Answer: C
You might also like to view...
If the level of interest rates increases, then the current value and price of a bond paying a fixed interest payment will
A) remain unchanged since its underlying value, the interest payment is fixed. B) fall since new bonds offer higher rates. C) rise since new bonds offer higher rates. D) first rise then fall as bond investors calculate the effects of the change in rates.
During an economic slump, policies that lower interest rates may not actually boost investment because
A) lower interest rates tend to discourage investment, all other things unchanged. B) investment is never affected by interest rate changes. C) of pessimistic expectations by businesses about the future of the economy. D) taxes may have been decreased during a recessionary period.
Which of the following best fits the definition of basic research?
A. Research into ultra-capacitors that store electrical energy for use in hybrid vehicles B. Research into mosquito physiology to find vulnerabilities to be exploited by future pesticides C. Research into a process that converts radioactive fly ash from coal-burning power plants into bricks D. A study of parallel universes
The above figure shows the U.S. market for replacement cell phone batteries. With free trade, U.S. production is equal to ________ batteries per year
When a $2 tariff is in place, U.S. production is equal to ________ batteries per year. A) 900,000; 700,000 B) 300,000; 100,000 C) 100,000; 500,000 D) 300,000; 500,000 E) 100,000; 300,000