Author Question: Fred has lost his factory job, replaced by welding robots, and soon plans to go to technical school ... (Read 473 times)

jlmhmf

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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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Answer to Question 1

b

Answer to Question 2

d



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