Author Question: An example of cyclical unemployment is a(n): a. textile worker permanently laid off due to job lost ... (Read 69 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
An example of cyclical unemployment is a(n):
 a. textile worker permanently laid off due to job lost to imports.
  b. autoworker who is temporarily laid off due to a decline in demand for cars.
  c. engineer permanently laid off due to advances in technology.
  d. computer programmer who leaves one job and accepts a new job.

Question 2

The nation has its own MPC. When national income increases from 300 billion to 400 billion, national consumption increases from 300 billion to 360 billion. At Y = 400 billion, the MPC is:
 a. 0.2.
  b. 0.5.
  c. 0.6.
  d. 0.67.
  e. 1.33.



xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

b

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

For a complete list of videos, visit our video library