EC201 chapter_7_Quiz Full

B frictionally unemployed c cyclically unemployed d

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: rictionally unemployed. Answer: D Diff: 2 Topic: Unemployment Skill: Conceptual AACSB: Reflective Thinking 48) When the the rate of growth of the money supply to slow down the economy, the unemployment type that will be Fed slows directly affected is the A) frictional unemployment. B) structural unemployment. C) cyclical unemployment. D) natural rate of unemployment. Answer: C Diff: 2 Topic: Unemployment Skill: Conceptual AACSB: Reflective Thinking 49) When an is not working and is not looking for a job because he/she lacks any marketable job skills, he/she is individual A) structurally unemployed. B) frictionally unemployed. C) cyclically unemployed. D) none of the above Answer: D Diff: 1 Topic: Unemployment Skill: Conceptual AACSB: Reflective Thinking 50) Structural unemployment is the A) portion of that is due to changes in the structure of the economy that result in a significant loss of jobs in unemployment certain industries. B) unemployment that occurs during recessions and depressions. C) portion of unemployment that is due to the normal working of the labor market. D...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online