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Author Question: In 2015, JP Morgan Chase announced that it was laying off 5,000 employees. The laid-off employees ... (Read 180 times)

elizabeth18

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on: Jun 29, 2018
In 2015, JP Morgan Chase announced that it was laying off 5,000 employees. The laid-off employees who were not able to find jobs at another bank due to a permanent decline in demand in the banking industry would be considered
 
  A) frictionally unemployed. B) structurally unemployed.
  C) seasonally unemployed. D) cyclically unemployed.

Question 2

Refer to Figure 13-1. Ceteris paribus, an increase in firms' expectations of the future profitability of investment spending would be represented by a movement from
 
  A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.


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jaykayy05

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

B

Answer to Question 2

A


elizabeth18

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Joy Chen

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Reply 3 on: Yesterday
:D TYSM

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