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Author Question: The economy is in an expansion and the housing market is growing. As a result of this, a home ... (Read 64 times)

bclement10

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Question 1

The demand for automobiles rises when the economy experiences an expansion. If an automobile manufacturer hires additional workers during an expansion, this would be best described as an example of a reduction in


◦ cyclical unemployment.
◦ natural unemployment.
◦ structural unemployment.
◦ frictional unemployment.

Question 2

The economy is in an expansion and the housing market is growing. As a result of this, a home builder doubles his sales force. This would be best described as an example of a reduction in


◦ frictional unemployment.
◦ structural unemployment.
◦ cyclical unemployment.
◦ natural unemployment.


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Marked as best answer by bclement10 on Apr 19, 2019

djpooyouma

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bclement10

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


xiazhe

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Reply 3 on: Yesterday
Wow, this really help

 

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