Author Question: A newspaper headline reads A New Wave of Workers Enters the Job Market This wave of young, new ... (Read 97 times)

MGLQZ · **on:** Jun 30, 2018

A newspaper headline reads A New Wave of Workers Enters the Job Market This wave of young, new entrants to the labor market is likely to lead to

A) no effect on the unemployment rate.
B) an increase in the natural unemployment rate.
C) a decrease in the natural unemployment rate but an increase in the actual unemployment rate.
D) a decrease in the unemployment rate.
E) a decrease in the country's potential GDP.

Question 2

An increase in capital brings a large increase in output at a ________ quantity of capital and a small increase in output at a ________ quantity of capital because of ________.

A) large; small; the greater the quantity of capital the greater the output
B) small; large; diminishing returns along the productivity curve
C) large; small; diminishing returns along the productivity curve
D) small; large; increasing returns along the productivity curve
E) large; small; increasing returns along the productivity curve