Multiple Choice
Which of the following scenarios best illustrates the concept of cyclical unemployment?
A) Grace loses her job because of new automated machinery.
B) Sean quits his job to look for work that is more fun.
C) Ellen quits looking for work because she doesn't think she can find a suitable job.
D) Marian loses her job because of a recession.
Correct Answer:
Verified
Correct Answer:
Verified
Q37: In 2009, the average unemployment rate in
Q38: Labor productivity is calculated by dividing GDP
Q39: Economists generally assume that _ economic growth
Q40: If the labor force grows faster than
Q41: Unemployment insurance cannot eliminate the national costs
Q43: If the population increase in India is
Q44: During inflationary periods,<br>A)the real value of money
Q45: As capital goods depreciate, potential output falls.
Q46: Older Americans living on a pension and
Q47: Over long periods of time, the growth