Susie has lost her job in a Vermont textile plant because of import competition. She intends to take a short course in electronics and move to Oregon, where she anticipates that a new job will be available. We can say that Susie is faced with:
A. structural unemployment.
B. frictional unemployment.
C. cyclical unemployment.
D. secular unemployment.
Answer: A
You might also like to view...
The health care reforms passed by the U.S. government in 2010 are collectively referred to as
A) the Patient Protection and Affordable Care Act. B) socialized medicine. C) the National Health Service. D) the Medicare and Medicaid Cooperative.
Refer to the information provided in Table 24.8 below to answer the question(s) that follow.Table 24.8All Figures in Billions of DollarsOutput (Income)Net TaxesConsumption SpendingĀ (CĀ = 100 + 0.9Yd)SavingsPlannedInvestment PurchasesGovernment Spending2,6001002,3501501502002,8001002,5301701502003,0001002,7101901502003,2001002,8902101502003,4001003,0702301502003,6001003,2502501502003,8001003,430270150200Refer to Table 24.8. The value of the tax multiplier is
A. -10. B. -9. C. -5. D. -4.