Workers who are unemployed for long periods of time are more likely to be unemployed for ________ reasons than for ________ reasons
A) cyclical; frictional or structural
B) frictional; structural or cyclical
C) structural; frictional or cyclical
D) frictional or structural; cyclical
C
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How does the United States compare to other nations on a per capita scale as far as government production and taxation?
What will be an ideal response?
Which of the following is most likely to occur in the labor market during a recession?
A. The growth rate of real wages declines. B. New entrants to the labor market have an easier time finding jobs. C. Bonuses and promotions become more frequent. D. The supply of labor increases dramatically.
The interest rate effect shows that if the price level increases
A) consumers and businesses will increase their spending to buy the same amount of goods as before to make up for the higher interest rates. B) consumers and businesses will decrease their spending as the interest rate increases, thereby pushing up the cost of acquiring funds. C) U.S. exports and imports will both decrease. D) the real value of financial assets will increase.
A decrease in German residents' willingness to invest in dollar-denominated assets will shift the demand curve for
A. dollars to the left. B. euros to the left. C. dollars to the right. D. euros to the right.