Which of the following is an example of cyclical unemployment?
A. Qadir is employed in the summer as a lifeguard but cannot find a position in the winter
B. Quincy left his job in Dallas to search for a new job in Idaho
C. Quinlan worked as an engineer until he was laid off because of a decrease in aggregate demand
D. Quinn has few job-related skills so she is never hired even though she continues to apply
C. Quinlan worked as an engineer until he was laid off because of a decrease in aggregate demand
You might also like to view...
If the United States imposes a tariff on a good, then
A) domestic consumption of the good decreases. B) foreign production of the good increases. C) the government makes less revenue than it would have gained if it imposed a quota. D) foreign consumption of the good decreases. E) domestic production of the good decreases.
Which is an example of expansionary fiscal policy?
A) A lowering of tax rates B) A lowering of government spending C) An increase in the discount rate D) An increase in the federal funds rate E) An increase in reserve requirements