Multiple Choice
According to classical economists,unemployment rises in recessions due to an increase in ________ unemployment,not ________ unemployment.
A) cyclical; frictional and structural
B) frictional and cyclical; structural
C) structural; frictional and cyclical
D) frictional and structural; cyclical
Correct Answer:
Verified
Correct Answer:
Verified
Q84: You and a friend are arguing over
Q85: When RBC economists work out a detailed
Q86: According to classical economists,the increase in unemployment
Q87: The formula Y / (K<sup>aN</sup><sup>1</sup><sup>-a</sup>)provides a calculation
Q88: According to the misperceptions theory,when P <
Q90: Reverse causation is the idea that<br>A)current increases
Q91: An adverse supply shock would directly _
Q92: The main avenue by which a temporary
Q93: Friedman and Schwarz argue that money is
Q94: Labor hoarding occurs when<br>A)firms keep good workers