A woman who retired becomes bored with retirement and begins to look for a job. During the time she is searching for work she would be classified as:
A) not unemployed because she was not working before she started looking for a job
B) structurally unemployed
C) cyclically unemployed
D) frictionally unemployed
Correct Answer:
Verified
Q15: If the MPW is 0.4, the MPC
Q16: An inflationary gap occurs when:
A) when prices
Q17: A man is sacked from his job
Q18: The accelerator theory states that business cycle
Q19: An output gap where equilibrium GDP is
Q21: The largest component of aggregate demand in
Q22: The increase in unemployment that occurs during
Q23: The net export component of aggregate demand
Q24: The multiplier effect refers to:
A) the total
Q25: If the MPW increases, the multiplier will:
A)
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