A decrease in the unemployment rate may be represented as a movement from a point inside the production possibilities frontier to a point on the frontier

Unemployment resulting from a mismatch of workers' skills and job requirements is called

A) frictional unemployment. B) structural unemployment. C) seasonal unemployment. D) cyclical unemployment.

The J-curve summarizes the phenomenon that occurs when import spending initially falls after a depreciation of a country's currency and then import spending later rises

Indicate whether the statement is true or false