Multiple Choice
Which of the following is an example of frictional unemployment?
A) A student goes to school instead of working.
B) A worker leaves one job and is temporarily unemployed before starting a new one.
C) A worker can't find a job because she is trained in running an obsolete machine.
D) A worker stays at home to tend to children.
Correct Answer:
Verified
Correct Answer:
Verified
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"
Q40: Which person provides an example of structural
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
Q46: If GDP is too high relative to