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An example of frictional unemployment is a(n):
Persons who were fired from their previous jobs and are actively applying for work
The labor force of Country A is becoming more skilled than the labor force of Country B.
frictionally unemployed.
the deviation in the actual rate of unemployment away from the natural rate.
Government purchase of a new submarine
it does not recognize consumers’ ability to substitute goods and services as prices change
Economic Growth
real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California.
Country A’s growth rate in per capita real gross domestic product (GDP) has been consistently higher than that of Country B. Which of the following factors can account for these differences in the per capita GDP growth rates?
Persons who were fired from their previous jobs and are actively applying for work
The labor force of Country A is becoming more skilled than the labor force of Country B.
frictionally unemployed.
the deviation in the actual rate of unemployment away from the natural rate.
Government purchase of a new submarine
it does not recognize consumers’ ability to substitute goods and services as prices change
Economic Growth
real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California.
Which of the following would be included in the calculation of gross domestic product?
Persons who were fired from their previous jobs and are actively applying for work
The labor force of Country A is becoming more skilled than the labor force of Country B.
frictionally unemployed.
the deviation in the actual rate of unemployment away from the natural rate.
Government purchase of a new submarine
it does not recognize consumers’ ability to substitute goods and services as prices change
Economic Growth
real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California.
Which of the following will be counted as unemployed by the United States Bureau of Labor Statistics?
Persons who were fired from their previous jobs and are actively applying for work
The labor force of Country A is becoming more skilled than the labor force of Country B.
frictionally unemployed.
the deviation in the actual rate of unemployment away from the natural rate.
Government purchase of a new submarine
it does not recognize consumers’ ability to substitute goods and services as prices change
Economic Growth
real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California.
Amy just graduated from college. She recently quit her part time job to focus on finding a full time job which uses her skills she has acquired in college better. Amy is considered:
Persons who were fired from their previous jobs and are actively applying for work
The labor force of Country A is becoming more skilled than the labor force of Country B.
frictionally unemployed.
the deviation in the actual rate of unemployment away from the natural rate.
Government purchase of a new submarine
it does not recognize consumers’ ability to substitute goods and services as prices change
Economic Growth
real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California.
Which of the following indicates that the macroeconomy is achieving its economic goals?
Persons who were fired from their previous jobs and are actively applying for work
The labor force of Country A is becoming more skilled than the labor force of Country B.
frictionally unemployed.
the deviation in the actual rate of unemployment away from the natural rate.
Government purchase of a new submarine
it does not recognize consumers’ ability to substitute goods and services as prices change
Economic Growth
real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California.
The consumer price index (CPI) is criticized because
Persons who were fired from their previous jobs and are actively applying for work
The labor force of Country A is becoming more skilled than the labor force of Country B.
frictionally unemployed.
the deviation in the actual rate of unemployment away from the natural rate.
Government purchase of a new submarine
it does not recognize consumers’ ability to substitute goods and services as prices change
Economic Growth
real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California.
Cyclical unemployment is characterized as:
Persons who were fired from their previous jobs and are actively applying for work
The labor force of Country A is becoming more skilled than the labor force of Country B.
frictionally unemployed.
the deviation in the actual rate of unemployment away from the natural rate.
Government purchase of a new submarine
it does not recognize consumers’ ability to substitute goods and services as prices change
Economic Growth
real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California.
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