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Author Question: Louise is unemployed due to a decrease in the demand for workers with a knowledge of a certain word ... (Read 26 times)

mp14

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on: Jun 30, 2018
Louise is unemployed due to a decrease in the demand for workers with a knowledge of a certain word processing language. This is an example of:
 a. cyclical unemployment.
  b. frictional unemployment.
  c. involuntary unemployment.
  d. structural unemployment.

Question 2

If the marginal propensity to consume (MPC) is 0.75, a 50 decrease in government spending, other things being equal, would cause equilibrium real GDP to:
 a. increase by 50.
  b. decrease by 50.
  c. increase by 200.
  d. decrease by 200.


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deja

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

d

Answer to Question 2

d


mp14

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amcvicar

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Reply 3 on: Yesterday
Excellent

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