In the short run, the decrease in investment spending associated with business pessimism causes the price level to people expected and the quantity of output to to the natural rate of unemployment in the short run. the price level the natural level of output. The business pessimism will cause the unemployment rate

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Suppose the world price of wood pulp falls substantially. The demand for labour among wood pulp-producing firms in northern British Columbia will .The demand for labour among paper and packaging-producing firms in southern British Columbia, for which wood pulp is an input, The temporary unemployment resulting from such sectoral shifts in the economy is best described as unemployment. will Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. Establishing government-run employment agencies to connect unemployed workers to job vacancies Extending the number of weeks for which unemployed workers are eligible for Employment Insurance benefits from the government Improving a widely used job search website so that it matches workers to job vacancies more effectively

In the short run, policy that changes aggregate demand changes     both unemployment and the price level. neither unemployment nor the price level. only unemployment. only the price level.

In the long run, as a result of the economic prosperity abroad, the price level the quantity of output the natural level of output, and the unemployment rate the natural rate of unemployment.

2.2. In macroeconomics, the immediate short run is known as a length of time when both input prices and output prices are fixed. In the short-run, input prices are fixed but output prices are variable. In the long run, input prices and output prices can vary. Describe the AS curve in the Immediate Short run. Describe the AS curve in the Short run. Describe the AS in the Long run.

During recessions, output   a. rises, and unemployment falls   b. falls, and unemployment rises   c. and unemployment both rise   d. and unemployment both fall