Author Question: Which is true regarding cyclical unemployment? i) Cyclical unemployment is positive at business ... (Read 104 times)

AEWBW · **on:** Jun 29, 2018

Which is true regarding cyclical unemployment?
i) Cyclical unemployment is positive at business cycle peaks.
ii) Cyclical unemployment is negative at business cycle troughs.
iii) Cyclical unemployment is zero at full employment.

A) iii only B) i and ii C) i and iii D) i, ii and iii E) i only

Question 2

Which of the following are important for countries to promote with property rights and incentives if economic growth is to occur?

i. specialization
ii. saving and investment
iii. increases in human capital
iv. discovery of new technology
A) iii and iv.
B) ii and iii.
C) ii and iv.
D) i, ii, iii and iv.
E) i, ii and iv only.