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Author Question: A mismatch of the skills of unemployed workers and the skills required for existing jobs is defined ... (Read 380 times)

storky111

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on: Jun 30, 2018
A mismatch of the skills of unemployed workers and the skills required for existing jobs is defined as:
 a. involuntary unemployment.
  b. cyclical unemployment.
  c. structural unemployment.
  d. frictional unemployment.

Question 2

When the MPC gets smaller, the spending multiplier:
 a. gets larger.
  b. gets smaller.
  c. stays the same.
  d. gets smaller at low real GDP, and larger at high real GDP.
  e. gets larger at low real GDP, and smaller at high real GDP.


al

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


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