All of the following are causes of structural unemployment except _____.

(A) Inventing new ways of doing things.
(B) Falling of the stock market.
(C) Relocating jobs to other countries.
(D) Discovering new resources.

Ans: (B) Falling of the stock market.

Economics

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An excess demand for money will result in all the following, except:

a. an excess supply of bonds. b. a rise in investment spending. c. a fall in bond prices. d. a fall in consumption spending. e. a fall in equilibrium real GDP.

Economics

Player 1 and Player 2 are playing a game in which Player 1 has the first move at A in the decision tree shown below. Once Player 1 has chosen either Up or Down, Player 2, who can see what Player 1 has chosen, must choose Up or Down at B or C. Both players know the payoffs at the end of each branch. Suppose Player 1 and Player 2 enter into a binding agreement in which Player 1 agrees to pay Player 2 a fixed amount of money to get Player 2 to play Up when it is Player 2's turn. How much will Player 1 have to pay Player 2 to get Player 2 to play Up?

A. at least $20. B. at least $50. C. at least $10. D. $0

Economics