Author Question: Bob is unemployed because his skills have become obsolete due to technological advances. This is ... (Read 149 times)

nramada · **on:** Jun 30, 2018

Bob is unemployed because his skills have become obsolete due to technological advances. This is ____ unemployment.
a. frictional
b. structural
c. cyclical
d. abnormal

Question 2

If the marginal propensity to save (MPS) is 0.10, the value of the spending multiplier is:
a. 1.
b. 9.
c. 10.
d. 90.