Author Question: Structural unemployment refers to unemployment resulting from: a. technological change. b. being ... (Read 85 times)

anshika · **on:** Jun 30, 2018

Structural unemployment refers to unemployment resulting from:
a. technological change.
b. being in the wrong geographical location
c. taking the time to find the best job.
d. seasonal decreases in demand for labor.
e. a recession in the economy.

Question 2

Given full-employment output = 2,800, equilibrium real GDP = 2,500, and MPS = 0.25, which of the following changes would most likely bring the economy to a full-employment level of real GDP?
a. 300 decrease in taxes.
b. 75 increase in government spending.
c. 75 decrease in taxes.
d. 300 increase in government spending.
e. 75 decrease in government spending.