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

Author Question: Frictional unemployment refers to: a. people who are out of work and have no job skills. b. short ... (Read 75 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jun 30, 2018
Frictional unemployment refers to:
 a. people who are out of work and have no job skills.
  b. short periods of unemployment needed to match jobs and job seekers.
  c. people who spend relatively long periods out of work.
  d. unemployment related to the ups and downs of the business cycle.

Question 2

Assume the economy is in recession and real GDP is below full employment. The marginal propensity to consume (MPC) is 0.50, and the government follows Keynesian economics by using expansionary fiscal policy to increase aggregate demand (total spending). If an increase of 1,000 billion aggregate demand can restore full employment, the government should:
 a. increase spending by 250 billion.
  b. decrease spending by 500 billion.
  c. increase spending by 1,000 billion.
  d. increase spending by 500 billion.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aham8f

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


haleyc112

  • Member
  • Posts: 600
Reply 2 on: Jun 30, 2018
Gracias!

marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

People riding bikes in Netherlands People riding bikes in Netherlands
Older people who exercise cognitive skills, like these chess players, retain those skills well into ... Older people who exercise cognitive skills, like these chess players, retain those skills well into ...
In many work settings, middle-aged people demonstrate generativity by serving as mentors for their ... In many work settings, middle-aged people demonstrate generativity by serving as mentors for their ...
The cultural and racial–ethnic diversity of today’s work force has led to the need for diversity ... The cultural and racial–ethnic diversity of today’s work force has led to the need for diversity ...
How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ... How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ...
Therapeutic Communication Skills Therapeutic Communication Skills
Video: Fermentation - When Oxygen Is Absent, Pyruvate to Lactate & Pyruvate to Ethanol

For a complete list of videos, visit our video library