Susan Greenberg, who works in a typewriter factory, becomes unemployed because people start buying personal computers instead of typewriters. Susan can best be described as:
a. frictionally unemployed.
b. structurally unemployed.
c. cyclically unemployed.
d. not part of the labor force.
e. a discouraged worker.
b
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Optimization can be achieved using either of two techniques of cost-benefit analysis. Which of the following correctly identifies the techniques?
A) Optimization in levels and optimization in programs B) Optimization in levels and optimization in differences C) Optimization in programs and optimization in frames D) Optimization in differences and optimization in frames
You purchased a December corn futures contract on July 1. A month later you decide you would like to take delivery. You do which of the following?
A. You can call up your broker and get almost immediate delivery. B. You will get delivery only if by chance the buyer you bought from decides to deliver. C. You must wait until December 1 and then you can demand delivery. D. None of the above.