When negative spending shocks occur, transfer payments automatically fall

Initial studies of new Keynesian inflation dynamics indicated that the average price-adjustment intervals in the United States was as long as

A) 6 months. B) 12 months. C) 2 years. D) 4 years.

How will increased usage of the Internet by employers and employees influence the job search process?

a. It will make job-related information more costly and, therefore, tend to increase the rate of unemployment. b. It will make job-related information less costly and, therefore, tend to increase the rate of unemployment. c. It will make job-related information more costly and, therefore, tend to reduce the rate of unemployment. d. It will make job-related information less costly and, therefore, tend to reduce the rate of unemployment.