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Author Question: Cyclical unemployment is caused by A) technological change. B) fluctuations in the business ... (Read 28 times)

FButt

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on: Jun 29, 2018
Cyclical unemployment is caused by
 
  A) technological change.
  B) fluctuations in the business cycle.
  C) a dynamic economy in which people want to switch jobs sometimes.
  D) predictable shifts in production associated with different seasons.

Question 2

Normative economics is
 
  A) analysis involving value judgments about economic policies; or a statement of what ought to be.
  B) analysis that is strictly limited to making either purely descriptive statements or scientific predictions.
  C) analysis of the behavior of the economy as a whole.
  D) decision making undertaken by households and business firms.


tuwy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


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