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13. Which of the following is an example of cyclical unemployment? A recent college graduate still looking for her first job b. A car
13. Which of the following is an example of cyclical unemployment? A recent college graduate still looking for her first job b. A car salesman who loses his job because of a recession a. C. A ski instructor who is out of work during the summer d. c. An economics journalist who just quit her writing job in order to begin a new career as a college professor next month A worker displaced from his factory job because of greater mechanization in the workplace 14. The natural rate of unemployment is the unemployment rate that would exist in the absence of a. structural unemployment. b. underemployment. c. cyclical unemployment. d. frictional unemployment. seasonal unemployment. e. 5. In the ATM model, if the probabilty of loss or theft decreases, then the number of days between visits to ATM and the quantity of money demanded a. rises;rises b. rises;falls c. falls; falls d. falls;rises 5. In the liquidity-preference model, an increase in people's income causes the money shift a. supply;right b. supply;left c. demand; left d. 3 demand;right curve to
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