Author Question: John has been laid off from his job because of a general downturn in the economy. John's ... (Read 87 times)

crobinson2013 · **on:** Jun 29, 2018

John has been laid off from his job because of a general downturn in the economy. John's unemployment is best classified as

A) structural. B) cyclical. C) frictional. D) full. E) avoidable.

Question 2

In the long run, what determines the value of money?

A) real GDP
B) money market equilibrium
C) the government budget balance
D) international trade
E) equilibrium in the loanable funds market