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: 44% (9 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.
-
You and your friend are working in a lab and wish to measure the surface charge density on a slab of metal. The slab is very long and very wide, but flat. You begin adding up the field line flux...
-
Consider the gasoline mileage performance data in Table B.3. a. Use the all-possible-regressions approach to find an appropriate regression model. b. Use stepwise regression to specify a subset...
-
Below are listed various costs that are found in organizations. 1. Hamburger buns in a Wendys outlet. 2. Advertising by a dental office. 3. Apples processed and canned by Del Monte. 4. Shipping...
-
A pickle producer currently purchases lids for its jars from a certain manufacturing company. The lids must have a diameter of approximately 3.5 inches, and because the lids must fit securely, the...
-
A store maintains data on customers, products and purchase records in three tables: CUSTOMER, PRODUCT, PURCHASE. The store manager wants to know which product is on its maximum discount for each...
-
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
-
The ends of a 10-ft beam are supported at different levels. The deflection y of the beam is given by y = kx 2 (x 3 + 436x 4000), where x is the horizontal distance from one end and k is a constant....
-
How has the global village contributed to the need for diversity awareness in our organizations?
-
Which groups will comprise the greatest influx into the U.S. workforce over the next ten years? How will these groups affect HRM?
-
For an organization that you know well, what changes will it have to face up to in the near future? What is the organization's capacity for change and how would you recommend it approaches the...
-
What are the benefits of using approaches such as appreciative inquiry to stimulate change?
-
Discuss the importance of the common-size financial statements in strategic evaluation and control process.
-
Refer to the facts in problem 6. Now assume that Firm A borrowed $50,000 to purchase the asset. In each year, it paid $3,800 annual interest on the debt. The interest payments were deductible. a. How...
-
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,...
-
Watch the Video "Types of Risks - Risk Management in Banks" https://youtu.be/8QjCdwhPT8U Provide a one paragraph answer to each of the following questions: In your opinion, what type of bank risk has...
-
4. A product manager prepared the following forecasts for a product line: 0 1 2 3 4 5 6 and later + + + + + $2m $2m $3m $4m $4m g=2.5% If the appropriate discount rate is 8.5%, what is the present...
-
Assume the following ratios are constant: Total asset turnover Profit margin Equity multiplier Payout ratio 3.10 6.0% 1.50 20% What is the sustainable growth rate? (Do not round intermediate...
Study smarter with the SolutionInn App