Author Question: Which statement CORRRECTLY describes structural unemployment? A) Structural unemployment occurs ... (Read 155 times)

rachel9

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Which statement CORRRECTLY describes structural unemployment?
 
  A) Structural unemployment occurs mainly during recessions.
  B) Structural unemployment is also called frictional unemployment.
  C) Structural unemployment occurs even when the economy is at the natural unemployment rate.
  D) The amount of structural unemployment depends on normal labor turnover.

Question 2

The price elasticity of demand is equal to the ________ in the ________ divided by the ________ in the ________.
 
  A) percentage change; price; percentage change; quantity demanded
  B) change; price; change; quantity demanded
  C) percentage change; quantity demanded; percentage change; price
  D) change; quantity demanded; change; price



rleezy04

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Answer to Question 1

C

Answer to Question 2

C



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