Which type of unemployment is most likely to help an economy become more efficient?
a. Cyclical unemployment
b. Voluntary unemployment
c. Seasonal unemployment
d. Frictional unemployment
e. Underemployment
d
Economics
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Fluctuations in economic performance is one of the two basic issues of macroeconomics. The other is
A) tracking unemployment. B) monitoring inflation rates. C) long-run economic growth. D) keeping interest rates in check.
Economics
Which of the following explains the ability of the U.S. economy to avoid diminishing marginal returns and experience accelerating growth in the early to mid-20th century?
A) immigration B) additions of a greater amount of capital of the same quality C) a decrease in the quality of labor D) continuing technological change
Economics