This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following people would be classified as fictionally unemployed? a. Computer ... (Read 18 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 30, 2018
Which of the following people would be classified as fictionally unemployed?
 a. Computer programmers who lost their jobs because of a recession.
  b. Construction workers who are on temporary layoff.
  c. Elementary school teachers who do not have summer jobs.
  d. Textile workers who lost their jobs because of new foreign competition.

Question 2

Assume that we want to drive our economy out of recession by generating a 400 billion change in real GDP. The MPC is 0.80 . Which of the following policy prescriptions would generate the targeted 400 billion change in income?
 a. 120 billion increase in government spending and 50 billion increase in tax revenue.
  b. 140 billion increase in government spending and 70 billion increase in tax revenue.
  c. 160 billion increase in government spending and 120 billion increase in tax revenue.
  d. 220 billion increase in government spending and 100 billion increase in tax revenue.
  e. 400 billion increase in government spending and 300 billion increase in tax revenue.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cheesycrackers

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


madam-professor

  • Member
  • Posts: 584
Reply 2 on: Jun 30, 2018
:D TYSM

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Paths taken by honeyguides leading people to bees' nests Paths taken by honeyguides leading people to bees' nests
Calcium consumption is essential for all people Calcium consumption is essential for all people
In middle childhood, children are increasingly able to understand other people’s thoughts, ... In middle childhood, children are increasingly able to understand other people’s thoughts, ...
American people aren't the only ones getting bigger—American pets are also putting on pounds American people aren't the only ones getting bigger—American pets are also putting on pounds
People who share genes will often have similar body weights People who share genes will often have similar body weights
Out of Many: A History of the American People Out of Many: A History of the American People
Video: Sickle Cell Anemia

For a complete list of videos, visit our video library