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.

B

Economics

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If Croatian firms can make 600 pitchforks or 100 hammers in a week and Slovenian firms can make 200 pitchforks or 200 hammers in a week, then

A) the costs of production differ in each country. B) the Croats have an incentive to specialize in hammers. C) the Slovenes have an incentive to specialize in pitchforks. D) all of the above are true.

Economics

Refer to Table 15.3. Based on the data in the table, fiscal policy in Cordelia is ________ and fiscal policy in Saldinia is ________

A) sustainable; sustainable B) sustainable; unsustainable C) unsustainable; sustainable D) unsustainable; unsustainable

Economics