1.Which of the following would be an example of structural unemployment?

Select one:

A. A college graduate is looking for his first job.

B. A manual typesetter's job is eliminated by computer automation.

C. A wildland firefighter loses his job at the end of every fire season.

D. A worker loses her job as a result of decreased consumer spending.

E. A worker moves from Florida to New York to get a job on Broadway

2.In the circular flow diagram, tourists spend money in

Select one:

A. the product market that provides goods and services to firms.

B. the product market that provides profit for firms.

C. the product market that provides revenue for firms.

D. the factor market that provides profit for firms.

E. financial markets that provides profit for firms.

3.If the marginal propensity to consume decreases, then

Select one:

A. the marginal propensity to save will decrease by the same percentage.

B. the spending multiplier will decrease.

C. the money multiplier will decrease.

D. the rate of savings will decrease.

E. the spending multiplier will increase.

4.With an MPC of .8, the government spending multiplier will be

Select one:

A. 1.

B. 2.

C. 4.

D. 5.

E. 8.

5.With an MPC of .75, the government spending multiplier will be

Select one:

A. 1.

B. 2.

C. 4.

D. 5.

E. 8.