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Author Question: When the economy switches production toward services and away from manufacturing and workers in the ... (Read 159 times)

CQXA

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on: Jun 29, 2018
When the economy switches production toward services and away from manufacturing and workers in the manufacturing industry are permanently laid off
 
  A) frictional unemployment decreases.
  B) structural unemployment increases.
  C) cyclical unemployment increases.
  D) frictional and cyclical unemployment increase.

Question 2

The short-run aggregate supply curve shifts when
 
  I. the full-employment quantity of capital changes.
  II. technology advances.
  A) I only
  B) II only
  C) neither I nor II
  D) I and II


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Silverbeard98

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

B

Answer to Question 2

D


CQXA

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

coreycathey

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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