Solved

Ceteris Paribus,if Seasonal Unemployment Increases,the Seasonally Adjusted Economy Is

Question 137

Multiple Choice

Ceteris paribus,if seasonal unemployment increases,the seasonally adjusted economy is


A) Outside the production possibilities curve.
B) Inside the production possibilities curve.
C) On the fixed production possibilities curve.
D) On the production possibilities curve that shifts inwarD.At the natural rate of unemployment (frictional + structural) ,the economy is on the production possibilities curve.Cyclical unemployment moves an economy inside the curve.Seasonal unemployment will not affect a seasonally adjusted economy.That is,the economy is on a fixed production possibilities curve.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents