Cyclical unemployment arises when: a. business activity in the ...

[cartlidgeashley]

Cyclical unemployment arises when:
 a. business activity in the macroeconomy declines.
 b. the business cycle enters an expansionary phase.
 c. labor unions strike for higher wages.
 d. the agriculture sector completes the cycle of planting, cultivating, and harvesting the nation's food supply.

Question 2

Which of the following is true of price changes in currencies under the fixed-rate system?
 a. Frequent occurrence
 b. Low magnitude
 c. Infrequent, but high magnitude
  d. Frequent, but low magnitude

[todom5090]

Answer to Question 1

a

Answer to Question 2

c

[cartlidgeashley]

Thanks for the timely response, appreciate it

[Alyson.hiatt@yahoo.com]

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