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Author Question: Unemployment that results from fundamental technological changes in production, or from the ... (Read 127 times)

frankwu

  • Hero Member
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  • Posts: 549
on: Jun 30, 2018
Unemployment that results from fundamental technological changes in production, or from the substitution of new goods for customary ones, is:
 a. the natural rate of unemployment.
  b. full employment.
  c. cyclical unemployment.
  d. frictional unemployment.
  e. structural unemployment.

Question 2

If the MPC = 1, the spending multiplier is:
 a. infinite.
  b. zero.
  c. 10.
  d. 100.
  e. 1.


gasdhashg

  • Sr. Member
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  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

a


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