Author Question: Unemployment that is caused by a mismatch of the demand for workers with certain skills and the ... (Read 105 times)

asan beg · **on:** Jun 30, 2018

Unemployment that is caused by a mismatch of the demand for workers with certain skills and the skills of unemployed workers is:
a. frictional unemployment.
b. structural unemployment.
c. cyclical unemployment.
d. mismatch unemployment.

Question 2

Mathematically, the value of the spending multiplier in terms of the marginal propensity to consume (MPC) is given by the formula:
a. MPC 1.
b. (MPC 1) / MPC.
c. 1 / MPC.
d. 1 / (1 MPC).