A forestry worker who is out of work because of the temporarily low demand for wood products associated with a recession is defined as:
a. frictionally unemployed.
b. underemployed
c. cyclically unemployed.
d. structurally unemployed.
c
You might also like to view...
All the following actions represent fiscal policy EXCEPT
A) an increase in government spending. B) a reduction in individual income tax rates. C) a reduction in the money supply by the Federal Reserve. D) an increase in corporate income tax rates.
Which of the following would most likely be a public good?
A) Sirius Satellite Radio is accessed through a subscription. B) iTunes sells songs through their website. C) a Mariah Carey CD D) Michigan Radio is the state's most listened-to public radio service.
In August of this year, Jack can best estimate the current year's GDP by:
A. adjusting the first two quarterly estimates of GDP for seasonal variation. B. taking an average of the last four quarterly estimates of GDP available. C. multiplying the most recent quarter's GDP estimate by four. D. looking back at previous years GDP in order to make an accurate projection.
In the row of this table containing blank (B), people are holding ______________ of their wealth in bonds and ________________ of their wealth in money.
Exhibit 15-4.
Assume that people have only two choices when it comes to holding their wealth: in money or in bonds.
A. too much; too little
B. too little; too much
C. just the right amount; too little
D. just the right amount; too much
E. just the right amount; just the right amount