« previous next »

Author Question: If the quantity of money supplied ________ the quantity demanded, in the long run the value of money ... (Read 79 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
on: Jun 29, 2018
If the quantity of money supplied ________ the quantity demanded, in the long run the value of money ________.
 
  A) is less than; does not change unless the Fed increases the money supply
  B) exceeds; falls as people spend their surplus money
  C) is less than; falls as people spend their surplus money
  D) exceeds; rises as people buy bonds
  E) equals; equals zero

Question 2

Explain how some structural changes can increase the natural unemployment rate while other structural changes can decrease the natural unemployment rate.
 
  What will be an ideal response?


lolol

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

Any structural change creates some jobs and destroys others. The effect of structural change on the natural unemployment rate depends on how well the skills required for the new jobs align with the skills possessed by workers looking for jobs and how well the locations of the jobs align with the workers looking for jobs. If the skills and locations are similar, so that the jobs are good matches for people looking for work, then the structural change brings a structural boom and the natural unemployment rate decreases. However, if the skills and locations are different, so that the workers looking for work are not good matches for the newly created jobs, structural change creates a structural slump and the natural unemployment rate rises.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

The U.S. Long-Term Ecological Research (LTER) network. The U.S. Long-Term Ecological Research (LTER) network.
Long-wattled Umbrellabird Long-wattled Umbrellabird
Major Categories of Long-Term Memory Major Categories of Long-Term Memory
DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ... DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ...
Summer squash exhibiting various fruit-shape phenotypes, including disc, long, and sphere Summer squash exhibiting various fruit-shape phenotypes, including disc, long, and sphere
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Immune responses Animation

For a complete list of videos, visit our video library