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Author Question: Technological unemployment is a macroeconomic phenomenon that occurs when A) unemployment changes ... (Read 101 times)

karlynnae

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on: Jun 30, 2018
Technological unemployment is a macroeconomic phenomenon that occurs when
 
  A) unemployment changes due to the effects of technology in high-technology industries.
  B) unemployment changes due to the effects of monetary and fiscal policy in the New Economy.
  C) hysterisis.
  D) Eurosclerosis.
  E) unemployment changes as a result of technological change.

Question 2

An increase in the marginal propensity to save from .3 to .4 will cause
 
  A) the ZZ line to become steeper and a given change in autonomous consumption (c0 ) to have a smaller effect on output.
  B) the ZZ line to become steeper and a given change in autonomous consumption (c0 ) to have a larger effect on output.
  C) the ZZ line to become flatter and a given change in autonomous consumption (c0 )) to have a smaller effect on output.
  D) the ZZ line to become flatter and a given change in autonomous consumption (c0 ) to have a larger effect on output.


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af

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

B


karlynnae

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

nathang24

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Reply 3 on: Yesterday
:D TYSM

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