« previous next »

Author Question: An example of cyclical unemployment is a(n): a. textile worker permanently laid off due to job lost ... (Read 57 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Unemployment and Federal Action, 1929–1941 Unemployment and Federal Action, 1929–1941
The lost-wax casting process. The lost-wax casting process.
The European Alps have lost ~30% to 40% of surface area and ~50% of volume since the 1850s. The European Alps have lost ~30% to 40% of surface area and ~50% of volume since the 1850s.
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Role of Productivity in Determining Output per Worker, 2009 Role of Productivity in Determining Output per Worker, 2009
GDP and Capital per Worker, 2009 GDP and Capital per Worker, 2009
Video: Oxygen transport: association and dissociation & Factors that affect hemoglobin's saturation with O2

For a complete list of videos, visit our video library