What occurs in the labor market when cyclical unemployment increases and other things remain the same? When cyclical unemployment increases and other things remain the same, O A. the natural unemployment rate increases B. the amount of structural unemployment increases O C. the amount of frictional unemployment increases D. the natural unemployment rate does not change

What occurs in the labor market when cyclical unemployment increases and other things remain the same? When cyclical unemployment increases and other things remain the same, O A. the natural unemployment rate increases B. the amount of structural unemployment increases O C. the amount of frictional unemployment increases D. the natural unemployment rate does not change

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Digicel buys out Claro Jamaica and lays off Claro's administrative staff. Claro's administrative staff is Select one: a. frictionally unemployed. O b. cyclically unemployed. O c. seasonally unemployed. O d. not in the labour force. e. structurally unemployed.
Unemployment that occurs from fundamental technological changes in the production, or from the substitution of new goods for traditional ones, is known as: structural unemployment. O frictional unemployment. O underemployment. O cyclical unemployment.
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If a sizable number of workers switched from full-time to half-time employment, then: O the official unemployment rate would fall. O the official unemployment rate would rise. the official unemployment rate would change but in an uncertain direction. O the official unemployment rate would remain unchanged.
When the economy is at full employment, which types of unemployment remain? A. frictional and cyclical B. frictional and structural C. cyclical and structural D. None of the above. Full employment means that there is no unemployment, so the unemployment rate would be zero. The "normal" underlying level of unemployment in the economy is O A. the sum of structural unemployment and frictional unemployment. B. the natural rate of unemployment. C. the full-employment rate of unemployment. O D. All of the above.
Mark the most true response During the 1970s, the growing pursuit of professional careers by young women tended to: O decrease cyclical unemployment all of these decrease the overall rate of unemployment O Increase the overall labor force participation rate
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Reductions in employment in the U.S. auto industry caused by the increased adoption of new technologies to produce cars more efficiently is an example of: Select one: r: B a. structural unemployment. The Metho onceptual O b. frictional unemployment. Reflectio Scenari OC. seasonal unemployment. loyment w and e Od cyclical unemployment
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How does cyclical unemployment change between a business cycle trough and a business cycle peak? At a business cycle trough, cyclical unemployment is and at a business cycle peak, cyclical unemployment is O A. positive; negative B. high; zero C. zero; low O D. negative; positive
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不 Ottawa Seeks ways to Speed Up Skills-Training Programs Last year, the federal government introduced a training benefit designed to help employed workers upgrade their skills or to help workers made unemployed as a result of automation to learn new skills that are in demand now. What effect will this training benefit have on Canada's unemployment rate and the natural unemployment rate? This training benefit will OA. decrease; increase the unemployment rate and the natural unemployment rate. OB. decrease; not change OC. increase; increase OD. decrease; decrease Source: theglobeandmail.com, April 5, 2020