30 Apr Question: 3rd attempt Which of the following can be responsible for a drop in the unemployment rate? Choose…
Which of the following can lower the level of frictional unemployment over time? Choose one or more: A. reducing the regulations on hiring practices in a country B. an increase in the level of unemployment benefits C. stringent government labor-market regulations D. an increase in the number of online job search engines
Which of the following represents frictional unemployment? i) The demand for refrigerators falls when the economy enters a recession, and refrigerator manufacturers lay off some of their workers. ii) Jayco, a maker of recreational vehicles, closes and moves its entire production line to Mexico because labor is cheaper there. ii) After graduation you take a job in financial services, but the long hours don’t appeal to you so you quit to find a job elsewhere. iv) Juan’s fishing business can’t cover its costs, so it closes. Juan is now looking for a new job. Choose one: O A iand iv O B. only ili O C. ii and iv O D. ii and ili O E. ii, ili, and iv
Jim got laid off Julie graduates Julie had to leave Bob loses his job from his job at an from college and her old job whenas the economy is looking for a job as an accountant. she moved to a new city. She works in customer service and is looking for a new job slips into a recession. s auto manufacturer as the company became more automated Categories Cyclical Unemployment Frictional Unemployment Structural Unemployment
The cyclical rate The The natural unemployment rate is equal to zero. The The employment unemployment of unemployment unemployment rate is equal to the natural rate of unemployment rate is equal to the cyclical rate of unemployment rate is equal to zero. Categories True False
a person who got the CEO of Coca a former a former accountant wholaid off from his now stays at home to watch his children a college student a dishwasher at who isn’t working Denny’s who and isn’t looking wants a better Cola job last week and has a job interview today exccutive who now is retired and living in Florida for a job ob Categories Not in the labor force In the labor force
See Hint Technological advancements in the dissemination of news via the Internet have led to its widespread use. As a result, many journalists have become unemployed. This situation is an example of unemployment. Choose one O A. structural B. normal C. cyclical o D. frictional
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