In the song "My Hometown" by Bruce Springsteen,the foreman at the textile mill by the railroad tracks says,"These jobs are leaving.....and they ain't comin' back." This is an example of
A) frictional unemployment.
B) cyclical unemployment.
C) structural unemployment.
D) seasonal unemployment.
Correct Answer:
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Q74: Deflation is
A)hyperinflation.
B)a constant rate of inflation.
C)a slow-down
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Q76: During unanticipated inflation,
A)savers lose.
B)borrowers gain.
C)lenders lose.
D)uncertainty about
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Q79: The Phillips curve tradeoff implies
A)that if the
Q80: Which statement is true?
A)Only the poor are
Q81: A wage-price spiral is the result of
A)lower
Q82: The difference between real and nominal interest
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