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EC201 chapter_7_Quiz Full

B reduce structuralunemployment c reducecyclical

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Unformatted text preview: A) 2%. B) 4%. C) 6%. D) 8%. Answer: B Diff: 1 Topic: Unemployment Skill: Fact 45) When an s professor quits his/her job at a university and starts looking for a better job in another university, he/she economic is A) frictionally unemployed. B) structurally unemployed. C) cyclically unemployed. D) naturally unemployed. Answer: A Diff: 1 Topic: Unemployment Skill: Conceptual AACSB: Reflective Thinking 46) Increasing the efficiency of various employment agencies to find better matches for those looking for jobs will A) reduce the natural rate of unemployment. B) reduce structural unemployment. C) reduce cyclical unemployment. D) not affect frictional unemployment. Answer: A Diff: 2 Topic: Unemployment Skill: Conceptual AACSB: Reflective Thinking 47) A man is his job because he was late for work too many times. While he is searching for another job he would be fired from classified as A) not in the labor force because his employer had a legitimate reason for firing him. B) structurally unemployed. C) cyclically unemployed. D) f...
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