Question
24) The brand of car you buy is a topic of interest for macroeconomics. True False 27) If a product becomes obsolete and the workers
24) The brand of car you buy is a topic of interest for macroeconomics.
True
False
27) If a product becomes obsolete and the workers who produced that product will need additional training to find new jobs, they are experiencing _____ unemployment.
cyclical
full
structural
frictional
30) For the purposes of calculating the unemployment rate, part-time workers are not counted as employed.
True
False
32) Full employment
is an unemployment rate of zero.
occurs if cyclical unemployment is zero.
consists of structural unemployment and cyclical unemployment.
consists of frictional unemployment and cyclical unemployment.
33) The establishment survey interviews households regarding their employment status.
True
False
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