Unemployment resulting from a mismatch of workers' skills and job requirements is called
A) frictional unemployment.
B) structural unemployment.
C) seasonal unemployment.
D) cyclical unemployment.
B
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On Friday May 3, 2013, the headlines in the list appeared in The Wall Street Journal. Classify each headline as a signal that the news article is about a microeconomic topic or a macroeconomic topic. Explain your answers
What will be an ideal response?
Actions based on the more general Pareto criteria are preferable to actions based on application of interpersonal utility calculations
a. True b. False
Long-run equilibrium in the goods and services market requires that
a. aggregate supply equals aggregate demand and that decision makers correctly anticipate the level of prices. b. the unemployment rate is zero. c. prices are neither increasing nor decreasing. d. aggregate supply be larger than aggregate demand.
Robert buys bonds. Rachel buys a new truck for her landscaping business. Identify both as savers, investors, both, or neither