Author Question: The short-term unemployment arising from the process of matching workers with jobs is called A) ... (Read 61 times)

chandani · **on:** Jun 29, 2018

The short-term unemployment arising from the process of matching workers with jobs is called

A) frictional unemployment.
B) cyclical unemployment.
C) structural unemployment.
D) seasonal unemployment.
E) unnatural unemployment.

Question 2

Refer to Figure 3-6. The figure above represents the market for coffee grinders. Compare the conditions in the market when the price is 15 and when the price is 21. Which of the following describes how the market differs at these prices?

A) At each price there is a shortage; the shortage is greater at 15 than at 21.
B) At each price there is a shortage; firms will raise the equilibrium price in order to eliminate the shortage.
C) The difference between quantity supplied and quantity demanded is greater at 21 than at 15.
D) At each price the demand for coffee grinders exceeds the supply of coffee grinders.