Question 1The economy Is at full emplayment whenA there are more unemployedbtworkers than vacancCIeBall unemployment Is cyClicalC there are no unemplayment wUorkersDallemploymentis frietional and lor structabralQuestion 2Structioral Unemployment Isassociated withA short -term unemploymentB general down turns in the economYC the changing of jobs ina dynamic economyD the changes intechnology that change requiredQuestion 3Real GDP Is adjusted for inflationATrueB FalseQueston 4Including discouraged workers in the calculationunemployment rate wouldJA increase the reported rateB lower the reported ratenot change the reported rateD chunge the reported rate butin an unpredictat

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Question 1 The economy Is at full emplayment when. Athere are more unemplayedbtworkers than vacancC. Ball unemployment Is cyclical. C there are no unemployment warkers Dallemploymentis frictional and /or structural Question 2 Structioral Unemployment Isassociatedwith A short-term unemployment B general dwn turns in the economy Cthe changıng of jobs in a dynamıc economy Dthe changes intechnology.that change required olas Question 3 Real GDP Is adjusted for inflation ATrue B False Question 4 Including discouragedworkers in the calculation unemployment rate would A increas e the reported rate lower the reported rate e not change the reported rate D chunge the reported rate butin an unpredictat

Question 1 The economy Is at full emplayment when. Athere are more unemplayedbtworkers than vacancC. Ball unemployment Is cyclical. C there are no unemployment warkers Dallemploymentis frictional and /or structural Question 2 Structioral Unemployment Isassociatedwith A short-term unemployment B general dwn turns in the economy Cthe changıng of jobs in a dynamıc economy Dthe changes intechnology.that change required olas Question 3 Real GDP Is adjusted for inflation ATrue B False Question 4 Including discouragedworkers in the calculation unemployment rate would A increas e the reported rate lower the reported rate e not change the reported rate D chunge the reported rate butin an unpredictat

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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