Author Question: Which of the following offers an example of frictional unemployment? a. The rise in unemployment ... (Read 32 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
Which of the following offers an example of frictional unemployment?
 a. The rise in unemployment for stable workers after the development of gasoline-powered automobiles and the resulting long-tern decline in horse-and-buggy transportation.
  b. The rise in unemployment among farm workers after harvest.
  c. Unemployment resulting from the business cycle.
  d. None of the above are correct.

Question 2

According to Keynesians, an increase in the money supply will have its greatest impact on GDP when the aggregate demand curve intersects:
 a. the vertical portion of the aggregate supply curve.
  b. the upward sloping portion of the aggregate supply curve.
  c. the horizontal portion of the aggregate supply curve.
  d. either the upward sloping or the vertical portions of the aggregate supply curve.
  e. either the horizontal or vertical portions of the aggregate supply curve.



upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

b

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library