Establishing a state employment agency that speeds up the process of matching unemployed workers with unfilled jobs is an attempt to lower
A) unnatural unemployment.
B) seasonal unemployment.
C) cyclical unemployment.
D) frictional unemployment.
E) structural unemployment.
Answer: D) frictional unemployment.
You might also like to view...
Which of the following is NOT included in the M2 measure of money?
A) checking deposits B) traveler's checks C) time deposits D) shares of the stocks of large companies
What is the relationship between the growth rate of real GDP and the growth rate of real GDP per person?
What will be an ideal response?
For a given supply curve, how does the elasticity of demand affect the burden of a tax imposed on a product?
A) The excess burden of the tax will be greater when the demand is more elastic than when it is less elastic. B) The excess burden of the tax will be greater when the demand is less elastic than when it is more elastic. C) The excess burden of the tax will be minimized when the demand is unit elastic. D) The excess burden of the tax will be greater when the elasticity of supply is greater than the elasticity of demand.
The short-run relationship between inflation and unemployment is often called
a. the Classical Dichotomy. b. Money Neutrality. c. the Phillips curve. d. None of the above is correct.