This topic contains a solution. Click here to go to the answer

Author Question: Unemployment resulting from normal turnover in the labor market is called: a. frictional ... (Read 161 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
Unemployment resulting from normal turnover in the labor market is called:
 a. frictional unemployment.
  b. cyclical unemployment.
 c. structural unemployment.
  d. seasonal unemployment.

Question 2

What will happen to a country that fixes the price of foreign exchange below equilibrium?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juiceman1987

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

a

Answer to Question 2

If foreign exchange is priced below equilibrium, then the domestic currency is overvalued. When the price of foreign exchange is fixed below equilibrium, the quantity of foreign exchange demanded by domestic citizens will exceed that supplied by foreigners. A shortage of foreign exchange will result, and a black market will develop where domestic citizens attempt to buy foreign currency with which to conduct foreign exchange. The fixing of exchange rates will limit the citizens' ability to gain from trade.




mpobi80

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Gracias!


chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

For a complete list of videos, visit our video library