Frictional unemployment exists:
A) when there is a decrease in real gdp
B) because it takes time to find a job when one is first entering the labour force
C) as a result of technological change
D) when an individual retires
Correct Answer:
Verified
Q7: The LM curve has a------slope
A)positive
B)negative
C)zero
D)none of these
Q8: ISLM model was developed by:
A)hicks
B)keynes
C)friedman
D)none of these
Q9: The perfectly elastic segment of the LM
Q10: Which policy is effective in the Classical
Q11: Which policy is effective in the intermediate
Q13: The natural rate of unemployment equals the
Q14: The marginal productivity of labour is:
A)the incremental
Q15: When saving is greater than investment in
Q16: When investment is negatively related to the
Q17: Simultaneous equilibrium in the money (LM) and
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