4. Sectoral shifts, frictional unemployment, and job searches Suppose the world price of tobacco rises significantly. The demand for labor among tobacco-producing firms in Kentucky will demand for labor among cigarette manufacturing firms in Virginia, which use tobacco as an input, will .The temporary unemployment that results from sectoral shifts such as the ones describes above is best categorized as . The unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks Increasing the benefits offered to unemployed workers through the government's unemployment insurance program Improving a widely used job-search website so that it matches workers to job vacancies more effectively

4. Sectoral shifts, frictional unemployment, and job searches Suppose the world price of tobacco rises significantly. The demand for labor among tobacco-producing firms in Kentucky will demand for labor among cigarette manufacturing firms in Virginia, which use tobacco as an input, will .The temporary unemployment that results from sectoral shifts such as the ones describes above is best categorized as . The unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks Increasing the benefits offered to unemployed workers through the government's unemployment insurance program Improving a widely used job-search website so that it matches workers to job vacancies more effectively

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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11) Explain what is meant by ‘involuntary unemployment’ and how economists from different schools of thought might address it?
22 : What is the name of unemployment that occurs in certain periods in the economy?a)Cyclical unemployment B)Frictional unemployment NS)All unemployment D)natural unemployment TO)Structural unemployment
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4. Sectoral shifts, frictional unemployment, and job searches Suppose the world price of tobacco falls significantly. The demand for labor among tobacco-producing firms in Kentucky will The demand for labor among cigarette manufacturing firms in Virginia, which use tobacco as an input, will The temporary unemployment that results from sectoral shifts such as the ones describes above is best categorized as unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. Establishing government-run employment agencies to connect unemployed workers to job vacancies Improving a widely used job-search website so that it matches workers to job vacancies more effectively Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government
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Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will . The temporary unemployment resulting from such sectoral shifts in the economy is best described as unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. O Improving a widely used job-search website so that it matches workers to job vacancies more effectively O Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks O Increasing the benefits offered to unemployed workers through the government's unemployment insurance program
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Link the below reasons for the existence of unemployment (left) with the relevant type of unemployment and unemployment theory (right): 1. Job seekers need time to learn about and find available jobs. This explains why unemployment and job vacancies are observed to coexist. a. Frictional unemployment the Job search model. b. Structural unemployment efficiency wage theory. c. Seasonal unemployment seasonal variation in the demand for workers (in certain sectors). d. Cyclical & seasonal unemployment reasons for downward wage rigidity. e. Cyclical unemployment the Job search model. f. Structural unemployment the Sectoral Shifts hypothesis. g. Cyclical unemployment Intertemporal Substitution hypothesis. 2. Unemployed job seekers might not have the skills in demand by employers. a. Frictional unemployment the Job search model. b. Structural unemployment efficiency wage theory. c. Seasonal unemployment seasonal variation in the demand for workers (in certain sectors). d.…
The Suppose the world price of tobacco falls significantly. The demand for labor among tobacco-producing firms in Kentucky will demand for labor among cigarette manufacturing firms in Virginia, which use tobacco as an input, will The temporary unemployment that results from sectoral shifts such as the ones describes above is best categorized as unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks Increasing the benefits offered to unemployed workers through the government's unemployment insurance program Establishing government-run employment agencies to connect unemployed workers to job vacancies