Author Question: Which type of unemployment is most closely connected with the saying you can't teach an old dog new ... (Read 22 times)

renzo156 · **on:** Jun 30, 2018

Which type of unemployment is most closely connected with the saying you can't teach an old dog new tricks?
a. Cyclical.
b. Frictional.
c. Structural.
d. Voluntary.
e. Seasonal.

Question 2

If MPC = 0.9, equilibrium real GDP is 1,000 . and full-employment real GDP is 2,000 . then how much should government spending change to bring about full employment?
a. +1,000.
b. 100.
c. +900.
d. +100.
e. 0.9.