When the economy goes into recession, the biggest increase in unemployment is _________. A. Structural because jobs
Question:
When the economy goes into recession, the biggest increase in unemployment is _________.
A. Structural because jobs are lost in most states
B. Cyclical because jobs are lost in many industries as they cut production
C. Frictional because the creation of jobs slows
D. The combination of structural and frictional as few new jobs are created.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
Answer B Cyclic...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Name two macroeconomic variables that decline when the economy goes into a recession. Name one macroeconomic variable that rises during a recession.
-
Automatic fiscal policy ________ A. Requires an action of the government B. Is weak unless the government cuts its outlays to reduce the deficit C. Operates as the economy moves along its business...
-
Discretionary fiscal policy to stimulate the economy includes ________. A. Lowering the tax rate paid by households with middle incomes B. Raising the tax on gasoline C. The fall in tax revenue as...
-
Who was considered the nemesis of Booker T. Washington in The Awakening of the New Negro and why?
-
The graph of y = f (x) passes through the points (0, 1), (1, 2), and (2, 3). Find the corresponding points on the graph of y = f (x + 2) 1.
-
Indicate whether each of the following statements is true or false by writing T or F i n t he a nswer c olumn. A warranty of habitability is the tenants promise that he or she will inhabit the...
-
Which of the following is true regarding the direct write-off method of accounting for uncollectibles? a. The direct write-off method does not adhere to GAAP. b. The direct write-off method does not...
-
a. Prepare line graphs of each of the six expenditure categories. Indicate whether each category appears to be stationary or nonstationary. b. Use Holts method to create models for each expenditure...
-
B) Rhonica Company acquires an 80% interest in Kemar Company for $640,000 cash on January 1, 2021. The NCI has a fair value of $160,000. Any excess of cost over book value is attributed to goodwill....
-
Design a layout on a 2 x 3 grid that satisfies thesepreferences. Department A Department B Department C Department D Department E O XAXI Department
-
If the BLS included all marginally attached workers as being unemployed, the ________ would be __________. A. Unemployment rate; higher B. Labor force; unchanged C. Labor force participation rate;...
-
The economy is at full employment when all unemployment is ________. A. Structural B. Cyclical C. Structural and cyclical D. Structural and frictional
-
A Carnot heat engine with a thermal efficiency of 60% receives heat from a source at a rate of 3000 kJ/min, and rejects the waste heat to a medium at 300 K. Determine (a) The power that is generated...
-
One lesson in turnaround leadership is to be open to experimenting. Describe one way you would like to experiment in your department, organization, or team. Discussion Post Assignment Directions:...
-
The clinic s COO asks you to create a budgeted income statement ( also called a profit and loss statement ) for the clinic for the upcoming fiscal year. She has asked an intern to create a volume...
-
As shown below, a block on a frictionless horizontal surface is attached to a cable and a spring that is stretched 0.26 m. The block is in equilibrium (Fnet = 0) and the cable has a tension of 56 N....
-
What statements are intended to meet the needs users who are not in a position to require an entity to prepare reports tailored to their particular information needs?
-
22) An alpha particle (q=+3.20 x 10-19 C and m = 6.64 x 10-27 kg) is accelerated from rest by a uniform Electric Field of magnitude 50,000 N/C over a distance of 10.0 cm. a. What is the maximum speed...
-
(n 2018, Ava, an employee, has AGI of $58,000 and the following itemized deductions: Home office expenses .................................................................$ 1,200 Union dues and work...
-
Assessing simultaneous changes in CVP relationships Braun Corporation sells hammocks; variable costs are $75 each, and the hammocks are sold for $125 each. Braun incurs $240,000 of fixed operating...
-
Classify each of the following items as a final good or service or an intermediate good or service and identify which is a component of consumption expenditure, investment, or government expenditure...
-
Calculate net domestic product at factor cost and the statistical discrepancy. The national accounts of Parchment Paradise are kept on (you guessed it) parchment. A fire destroys the statistics...
-
Explain the influence of each of the following events on the quantity of real GDP supplied and aggregate supply in India and use a graph to illustrate. Canadian firms move their call handling, IT,...
-
Schwiesow Corporation has provided the following information: Cost per Cost per Unit Period Direct materials $ 7.05 Direct labor $ 3.50 Variable manufacturing overhead $ 1.65 Fixed manufacturing...
-
Choose an industry in which you are interested in working. How is that industry trending? What internal and external factors may affect the direction of the organization? For your initial post,...
-
The DeVille Company reported pretax accounting Income on its Income statement as follows: 2024 2025 2026 2027 $ 420,000 340,000 410,000 450,000 Included in the income of 2024 was an installment sale...
Study smarter with the SolutionInn App