Which of the following would probably be the most effective at reducing

Which of the following would probably be the most

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39.Which of the following would probably be the most effective at reducing structural unemployment?(a) Reduce unemployment benefits.(b) Provide more information about the availability and location of jobs.(c) Retrain workers who are unemployed.(d) Increase union strength in the economy.Answer: CLevel of difficulty: 1Section: 12.240.A high-pressure economy is one in whichLevel of difficulty: 1Section: 12.241.One cost of a perfectly anticipated inflation is that itLevel of difficulty: 1Section: 12.342.When actual inflation is greater than expected inflationLevel of difficulty: 1Section: 12.343.One cost of an unanticipated inflation is that it(a) transfers wealth from lenders to borrowers.(b) transfers wealth from borrowers to lenders.(c) decreases menu costs.(d) increases the purchasing power of money.Answer: ALevel of difficulty: 1Section: 12.3
44.A COLA isLevel of difficulty: 1Section: 12.345.Hyperinflation occurs whenLevel of difficulty: 1Section: 12.346.The reduction of the inflation rate is calledLevel of difficulty: 1Section: 12.347.The costs of disinflation would be low if(a) expected inflation falls as inflation falls.(b) wage and price controls were used.(c) the Phillips curve were nearly horizontal.(d) the Phillips curve adjusted slowly to changes in inflation.Answer: AChapter 12Unemployment and Inflation193Level of difficulty: 2Section: 12.3

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