Frictional unemployment occurs when
A. workers go back to school.
B. employees file grievances and are fired.
C. workers take time off to care for parents or children.
D. workers move from one job into another.
Answer: D
You might also like to view...
The minimum point of a U-shaped curve,
A) is a point where the variable is neither increasing nor decreasing. B) has a slope equal to zero. C) has the maximum slope possible. D) Both answers A and B are correct. E) Both answers A and C are correct.
In the classical model, a shift to the right in aggregate demand would result in
A) a permanent increase in unemployment. B) a permanent increase in real incomes. C) an increase in the price level. D) a permanent shift past full employment.
One concern over external national debt is that interest and principal payments transfer wealth overseas. The percentage of the national debt held in recent years by foreigners is approximately:
a. 5 percent. b. 10 percent. c. 20 percent. d. 30 percent. e. 50 percent.
An increase in interest rates will cause
A. AS to increase (move down and to the right). B. AD to increase (move to the right). C. AD to decrease (move to the left). D. AS to decrease (move up and to the left).