In a strong, growing economy, what happens to the number of jobs and types ofjobs?O The number of jobs grows and the types of jobs grow as well.O The number of jobs varies with the old types of jobs and the new types of jobs.OThere are fewer workers in each type of job as machines replace them, thoughthere is no change in the types of jobs.The average trend is that there is an increase in the number of jobs but some typesof jobs cease to exist while other, new types of jobs replace them.Which of the following is the best example of frictional unemployment? *John, a coal miner, was laid off because of a lack of demand for workers in hisO industry. He is looking into new opportunities in computer programming, but theyrequire him to gain some new skills.Heather recently graduated with her doctorate in economics. She is searching for ajob that matches her skills.Peter, a highly skilled construction worker, lost his job when the recession began.He is looking for work, but demand in the construction industry is still low.Allison, a recent high-school graduate with high aspirations, is seeking a job as theCEO of a Fortune 500 company.

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In a strong, growing economy, what happens to the number of jobs and types of jobs? O The number of jobs grows and the types of jobs grow as well. O The number of jobs varies with the old types of jobs and the new types of jobs. O There are fewer workers in each type of job as machines replace them, though there is no change in the types of jobs. O The average trend is that there is an increase in the number of jobs but some types of jobs cease to exist while other, new types of jobs replace them.

In a strong, growing economy, what happens to the number of jobs and types of jobs? O The number of jobs grows and the types of jobs grow as well. O The number of jobs varies with the old types of jobs and the new types of jobs. O There are fewer workers in each type of job as machines replace them, though there is no change in the types of jobs. O The average trend is that there is an increase in the number of jobs but some types of jobs cease to exist while other, new types of jobs replace them.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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