What are the three main kinds of unemployment?
A) frictional, seasonal, and cyclical B) structural, frictional, and cyclical
C) cyclical, structural, and temporary D) temporary, permanent, and volunteer
B
You might also like to view...
A problem with the CPI is the presence of a substitution bias on the behalf of consumers
Indicate whether the statement is true or false
Government re-training programs, such as those that train workers who have lost their jobs due to outdated skills, would best fight the problem of
a. frictional unemployment b. cyclical unemployment c. structural unemployment d. underemployment e. seasonal unemployment
A physical examination is NOT a good screening device for life insurance companies if
A) life-threatening diseases are usually undetected. B) doctors cannot be easily bribed to write a good report. C) medical history is a good predictor of life expectancy. D) one's current state of health is a good predictor of life expectancy.
Refer to the graph above. Ongoing inflation would occur if the Fed:
A. Increases the money supply causing AD to shift faster than technological progress shifts AS
B. Increases the money supply causing AD to shift slower than technological progress shifts AS
C. Increases the money supply causing AD to shift as fast as technological progress shifts AS
D. Does not increase the money supply while technological progress is shifting AS