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Author Question: Fred has lost his factory job, replaced by welding robots, and soon plans to go to technical school ... (Read 478 times)

jlmhmf

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  • Posts: 552
on: Jun 30, 2018
Fred has lost his factory job, replaced by welding robots, and soon plans to go to technical school to learn computer repair because he cannot find a similar job to the one he lost. The type of unemployment facing Fred is:
 a. frictional.
  b. structural.
  c. cyclical.
 d. natural.

Question 2

The GDP deflator but not the CPI takes into account.
 a. The prices of imports that consumers buy
  b. Investment goods bought by businesses
  c. Goods bought by the government
 d. Both b. and c.


Bison

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


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