**Question:**The Federal Reserve through monetary policy tools may target and reduce the:- a. Frictional unemployment- b. Cyclical unemployment- c. Structural unemployment- d. Labor force integration**Explanation:**This question asks which type of unemployment the Federal Reserve might aim to reduce using monetary policy tools. The answer involves understanding the distinctions between different types of unemployment:- **Frictional Unemployment**: Short-term unemployment that occurs when people are between jobs or entering the labor market. - **Cyclical Unemployment**: Unemployment that results from economic downturns or recessions.- **Structural Unemployment**: Long-term unemployment that arises from shifts in the economy or industry changes.- **Labor Force Integration**: Not typically classified as a type of unemployment; relates to incorporating various segments into the workforce.

Cyclical unemployment is the unemployment that results from cyclical changes in the economy. During…

Answered: The Federal Reserve through monetary…

The Federal Reserve through monetary policy tools may target and reduce the Frictional unemployment Cyclical unemployment Ob. Structural unemployment C. Labor force integration d.

ENGR.ECONOMIC ANALYSIS

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Chapter1: Making Economics Decisions

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