Suppose the world price of cotton rises substantially. The demand for labor among cotton-producing firms in Texas will decrease . The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will increase v from such sectoral shifts in the economy is best described as frictional v unemployment. . The temporary unemployment resulting 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 Establishing government-run employment agencies to connect unemployed workers to job vacancies

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Suppose the world price of cotton rises substantially. The demand for labor among cotton-producing firms in Texas will decrease
. The demand
for labor among textile-producing firms in South Carolina, for which cotton is an input, will increase
The temporary unemployment resulting
from such sectoral shifts in the economy is best described as frictional ▼ 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 Establishing government-run employment agencies to connect unemployed workers to job vacancies
Transcribed Image Text:Suppose the world price of cotton rises substantially. The demand for labor among cotton-producing firms in Texas will decrease . The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will increase The temporary unemployment resulting from such sectoral shifts in the economy is best described as frictional ▼ 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 Establishing government-run employment agencies to connect unemployed workers to job vacancies
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