Multiple Choice
Which person provides an example of structural unemployment?
A) A worker who stays at home to tend to children.
B) A worker trained in running an obsolete machine.
C) A student who goes to school instead of working.
D) A fast-food worker who quits that job to find a better-paying job.
Correct Answer:
Verified
Correct Answer:
Verified
Q35: If the NAIRU was 4.8% in 2002
Q36: Potential GDP is the maximum amount of
Q37: An example of a generally recession-resistant business
Q38: The pattern of recession,recovery,and expansion is known
Q39: What does the phrase "wages are sticky"
Q41: Which of the following is an example
Q42: The unemployment rate includes<br>A) people not working
Q43: The natural rate of unemployment is<br>A) 5%.<br>B)
Q44: When unemployment is above the natural rate,<br>A)
Q45: When real GDP is lower than potential