Use the following choices regarding the various types of unemployment to describe the following situation. After staying home for 23 years raising her four children, Susan has reentered the labor force looking for full-time employment.
A. Frictional unemployment
B. Structural unemployment
C. Natural unemployment
D. Cyclical unemployment
A. Frictional unemployment
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Among the countries that use the euro, the real exchange rate ________ and the nominal exchange rate ________
A) is fixed; is fixed B) is fixed; can change C) can change; is fixed D) can change; can change
Which of the following often happens when the Fed and fiscal policy makers disagree?
a. The Fed changes its policy to align with the fiscal policy b. The Fed supports the fiscal policy even though it disagrees with this policy. c. The Fed tries to limit the effects of the fiscal policy. d. The Fed waits to see how effective the fiscal policy is before acting.
The property tax is the most important source of _____ government revenue.
A. federal B. state C. local
If the price of output increases, the labor ________ curve shifts to the ________.
A. demand; left B. demand; right C. supply; left D. supply; right