Multiple Choice
Mike is an automobile worker.Because of technological changes in the way automobiles are produced and the increased use of automation,Mike was recently laid off and is currently seeking another job.Mike is best described as being
A) frictionally unemployed
B) structurally unemployed
C) seasonally unemployed
D) not in the labor force
E) cyclically unemployed
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Suppose a U.S.automobile manufacturer produced $200 million
Q8: Full employment occurs only when the unemployment
Q9: Increases in inventories are subtracted from GDP
Q10: The sale of which of the following
Q11: An example of a frictionally unemployed individual
Q13: Personal consumption spending now comprises approximately what
Q14: Some of the inaccuracies in measuring GDP
Q15: Which of the following would be included
Q16: An example of a good whose production
Q17: If we included the purchases of used