« previous next »

Author Question: Unemployment that results from an economy-wide downturn is called: a. frictional unemployment. b. ... (Read 244 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: Jun 30, 2018
Unemployment that results from an economy-wide downturn is called:
 a. frictional unemployment.
  b. cyclical unemployment.
 c. structural unemployment.
  d. seasonal unemployment.

Question 2

Under a system of fixed exchange rates, what will happen if the price of a currency is set above market equilibrium? How can this be remedied?


parker125

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

A nation whose currency is overvalued will consistently import more than it exports, leading to a loss of currency reserves. To prevent this, the country can devalue its currency, adopt tariffs and quotas, or follow restrictive macroeconomic policy to promote deflation and higher interest rates.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

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.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

An enlarged heart showing the results of cardiomyopathy. An enlarged heart showing the results of cardiomyopathy.
The traits Mendel used in his experiments, and the results of the F1 and F2 generation crosses. The traits Mendel used in his experiments, and the results of the F1 and F2 generation crosses.
National Sleep Foundation Survey Results National Sleep Foundation Survey Results
A resonance tube, called a Helmholtz resonator, is used on the intake duct between the air filter ... A resonance tube, called a Helmholtz resonator, is used on the intake duct between the air filter ...
Some ignition coils are electrically connected, called married (top figure), whereas others use ... Some ignition coils are electrically connected, called married (top figure), whereas others use ...
Distribution of skin color as measured by a reflectometer at a wavelength of 685 nm. The results are Distribution of skin color as measured by a reflectometer at a wavelength of 685 nm. The results are
Video: Chromosome structural organization/ Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library