Author Question: A mismatch of the skills of unemployed workers and the skills required for existing jobs is defined ... (Read 213 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
A mismatch of the skills of unemployed workers and the skills required for existing jobs is defined as:
 a. involuntary unemployment.
  b. cyclical unemployment.
  c. structural unemployment.
  d. frictional unemployment.

Question 2

When the MPC gets smaller, the spending multiplier:
 a. gets larger.
  b. gets smaller.
  c. stays the same.
  d. gets smaller at low real GDP, and larger at high real GDP.
  e. gets larger at low real GDP, and smaller at high real GDP.



al

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

c

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library