Frictional unemployment would increase when
A. the number of individuals who quit one job to find another increases.
B. discouraged workers drop out of the work force.
C. migrant workers are unemployed after harvest season.
D. workers are replaced by machines in production.
Answer: A
You might also like to view...
An overvalued domestic currency:
A) can be achieved by selling the domestic currency. B) harms all the economic agents in the country. C) makes imports less expensive for domestic consumers. D) benefits all the economic agents in the country.
Contractionary monetary policy will shift the AD curve rightward
Indicate whether the statement is true or false
Crowding out is most likely to occur when the federal government
A. Runs a deficit and raises taxes to generate more revenue. B. Runs a surplus and pays off part of the debt. C. Has a balanced budget and refinances a portion of the debt that matures. D. Runs a deficit and sells bonds to make up the difference.
Costs that remain the same no matter what changes occur in usage or sales are
a. variable costs b. semivariable costs c. fixed costs d. indirect costs e. hidden costs