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Author Question: If Sam Jackson voluntarily quits one job, possesses marketable skills, and expects to find a new job ... (Read 86 times)

Hungry!

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If Sam Jackson voluntarily quits one job, possesses marketable skills, and expects to find a new job in a few weeks, then Mr. Jackson is considered:
 a. frictionally unemployed.
  b. cyclically unemployed.
  c. seasonally unemployed.
  d. structurally unemployed.
  e. unwise to quit his job without already having another one.

Question 2

The ratio of the change in GDP to an initial change in aggregate spending is the:
 a. spending multiplier.
  b. permanent income rate.
  c. marginal expenditure rate.
  d. marginal propensity to consume.



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jxjsniuniu

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Answer to Question 1

a

Answer to Question 2

a





 

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