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Essential Question How much can we reduce unemployment, inflation, and poverty?

Essential Question How much can we reduce unemployment, inflation, and poverty?

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Types of Unemployment Label the below statements with one of the following types of unemployment: Frictional Seasonal Cyclical Structural 1. 2. 3. 4. A nurse was not satisfied with her job in a hospital so she left the job to find a new job in a health clinic. Fred Flintstone was laid off from the Quarry because the nation is suffering from a recession. Cical A factory lays workers off from producing CDs due to demand changes to MP3 systems. Ronald McDonald, who just graduated from Clown School, is looking to find his first real job. Frictional 5. Every winter, brick layers in the north have no work. 6. Scooby Doo is looking for a job during the winter since Kings Island is closed until spring. Sea 7. Since graduating from law school, a woman waits to interview several firms before selecting a new job. 8. Paul Bunyan lost his job as a lumberjack because the timber company he works for decided to just buy chainsaws. Structural 9. An apple picker only finds work during the harvest season. 10. The Tooth Fairy was fired because she just is not doing a good job. Frictional-l 11. The discovery of crude oil puts whalers in the Northeast out of work. 12. Frosty the Snowman is expecting to be out of work shortly following the last big snow of th year. Seasonal 13. Reductions in tax revenues during a recession cause layoffs of teachers. 14. The Easter Bunny found out that he was being let go, since Americans have decided to n eat eggs, which are high in cholesterol. Structural 15. In the US, jobs are shifted to Mexico to seek lower worker wages. Structural 16. Mickey Mouse voluntarily quit his job at Disney & has decided that he will seek a job as truck driver. Frictional 17. A worker quits a job to stay and help an ailing parent. 18. Sam I Am was laid off after orders for Green Eggs & Ham declined greatly following year's stock market crash. Cyclical 19. People who dropout of school or fail to acquire the minimum skills needed for the c job market. 20. Peter Pan was fired from his job at the Peanut Butter factory because he is being re RoboCop (a highly efficient peanut butter machine.) Structural Essential Question. How much can we reduce unemployment, inflation, and poverty?
Transcribed Image Text:Types of Unemployment Label the below statements with one of the following types of unemployment: Frictional Seasonal Cyclical Structural 1. 2. 3. 4. A nurse was not satisfied with her job in a hospital so she left the job to find a new job in a health clinic. Fred Flintstone was laid off from the Quarry because the nation is suffering from a recession. Cical A factory lays workers off from producing CDs due to demand changes to MP3 systems. Ronald McDonald, who just graduated from Clown School, is looking to find his first real job. Frictional 5. Every winter, brick layers in the north have no work. 6. Scooby Doo is looking for a job during the winter since Kings Island is closed until spring. Sea 7. Since graduating from law school, a woman waits to interview several firms before selecting a new job. 8. Paul Bunyan lost his job as a lumberjack because the timber company he works for decided to just buy chainsaws. Structural 9. An apple picker only finds work during the harvest season. 10. The Tooth Fairy was fired because she just is not doing a good job. Frictional-l 11. The discovery of crude oil puts whalers in the Northeast out of work. 12. Frosty the Snowman is expecting to be out of work shortly following the last big snow of th year. Seasonal 13. Reductions in tax revenues during a recession cause layoffs of teachers. 14. The Easter Bunny found out that he was being let go, since Americans have decided to n eat eggs, which are high in cholesterol. Structural 15. In the US, jobs are shifted to Mexico to seek lower worker wages. Structural 16. Mickey Mouse voluntarily quit his job at Disney & has decided that he will seek a job as truck driver. Frictional 17. A worker quits a job to stay and help an ailing parent. 18. Sam I Am was laid off after orders for Green Eggs & Ham declined greatly following year's stock market crash. Cyclical 19. People who dropout of school or fail to acquire the minimum skills needed for the c job market. 20. Peter Pan was fired from his job at the Peanut Butter factory because he is being re RoboCop (a highly efficient peanut butter machine.) Structural Essential Question. How much can we reduce unemployment, inflation, and poverty?
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