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Author Question: Sally lost her job when her company went out of business because of a recession. This is an example ... (Read 78 times)

wenmo

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on: Jun 30, 2018
Sally lost her job when her company went out of business because of a recession. This is an example of:
 a. frictional unemployment.
  b. structural unemployment.
  c. cyclical unemployment.
  d. technological unemployment.

Question 2

If your income increases from 40,000 to 48,000 and your consumption increases from 35,000 to 39,000 . your marginal propensity to consume (MPC) is:
 a. 0.20.
  b. 0.40.
  c. 0.50.
  d. 0.80.
  e. 1.00.


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cadimas

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

c

Answer to Question 2

c


wenmo

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Reply 2 on: Jun 30, 2018
Excellent

tuate

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Reply 3 on: Yesterday
Wow, this really help

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