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Author Question: The category of unemployment that is a byproduct of geographic and occupational mobility and ... (Read 162 times)

D2AR0N

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on: Jun 30, 2018
The category of unemployment that is a byproduct of geographic and occupational mobility and generally considered to be a limited problem is:
 a. frictional unemployment.
  b. underemployment.
 c. cyclical unemployment.
 d. structural unemployment.

Question 2

What are the main arguments presented against flexible exchange rates?


paavo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

Arguments against flexible exchange rates are that international trade levels will be diminished due to the uncertainty of future currency prices and that the flexible rates would lead to inflation. Proponents of flexible exchange rates have strong counter-arguments to those views.


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