Author Question: Tommy graduates from college and starts to look for a job. Tommy is A) cyclically unemployed. B) ... (Read 109 times)

james · **on:** Jun 29, 2018

Tommy graduates from college and starts to look for a job. Tommy is

A) cyclically unemployed.
B) frictionally unemployed.
C) structurally unemployed.
D) employed because he is looking for work.
E) unnecessarily unemployed.

Question 2

A(n) ________ in U.S. prices will cause a decrease in the demand for U.S. dollars and a(n) ________ in the (per dollar) exchange rate.

A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease