Question: only answer required dont explian it 52. if there is mismatch between the skills demanded by firms and skills provided by labor, it means there

only answer required dont explian it

52.

if there is mismatch between the skills demanded by firms and skills provided by labor, it means there would be existence of __________________Required to answer. Single choice.

(1 Point)

A. Sectoral shifts in the economy

B. Cyclical unemployment

C. Voluntary unemployment

D. Natural rate of unemployment

53.

________________help cushion the impact of recessions on people, helping them stay afloat if they lose their jobs or if their businesses sufferRequired to answer. Single choice.

(1 Point)

A. Automatic stabilizers

B. Government actions

C. Inflation

D. Unemployment

54.

investment demand curve shifts due to change in _______________Required to answer. Single choice.

(1 Point)

Interest rate

B. Factors other than interest rate

C. High inflation

D. Fiscal policy

55.

A bank wants a 20% real return on a loan that will be paid back in a year. The bank expects inflation to be 10% during that year. What nominal interest rate should the bank charge?Required to answer. Single choice.

(1 Point)

A. 30%

B. 8%

C. 2.6%

D. 13%

56.

"policy makers face the tradeoff between the problems of inflation and unemployment" the idea signals _____________________Required to answer. Single choice.

(1 Point)

A. Phillips curve

B. Demand curve

C. Investment demand curve

D. Kuznets curve

57.

when Tax rate increases, disposable income ____________Required to answer. Single choice.

(1 Point)

A. Falls

B. Rises

C. Remains constant

58.

___________________ are non-transferable taxes.Required to answer. Single choice.

(0.5 Points)

A. Regressive taxes

B. Direct taxes

C. Indirect taxes

59.

decrease in the demand of labor during recession creates _____________Required to answer. Single choice.

(1 Point)

A. Voluntary unemployment

B. Unemployment created by firms

C. Cyclical unemployment

60.

if the government of a developing nation implement the contractionary monetary policy during recession, it would result in _____________________Required to answer. Single choice.

(1 Point)

A. Deep recession

B. Recovery

C. Stability

D. All of the above

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