Which of the following is an example of frictional unemployment?
A. Recent graduate looking for a job.
B. A mother is searching for a job and the kid has gone to college
C. New Yorker moved to California. (WA)
D. Computer program who turned down a job offer expect better job.
E. All
E. All
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Xenonia has a larger supply of labor than Techland. If the labor supply in both the countries increases by the same amount while their capital stocks remain unchanged, ________
A) the increase in Techland's output will be more than the increase in Xenonia's output B) the increase in Xenonia's output will be more than the increase in Techland's output C) Xenonia's income per capita will decrease while Techland's income per capita will increase D) Xenonia's income per capita will increase while Techland's income per capita will decrease
Policy that tries to influence target variables by changing the interest rate is called
A) fiscal policy. B) interest rate policy. C) recession policy. D) monetary policy.
Inventory investment consists of
A) construction expenditures, raw materials, and inventories of finished goods. B) goods in process, raw materials, and purchases of office machinery. C) raw materials, goods in process, and construction expenditures. D) inventories of finished goods, goods in process, and raw materials.
The period from 2000 to 2010
A) was a period of high productivity growth. B) was a period with negative productivity growth, because of the Great Recession. C) was a period of zero productivity growth. D) was a period of low productivity growth, almost as bad as the period 1970-1980.