Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please give the correct answer and explain why all the other multiple choice are incorrect for 7,8,9 K 7. Alice, who has left her job

image text in transcribed

please give the correct answer and explain why all the other multiple choice are incorrect for 7,8,9

image text in transcribed
K 7. Alice, who has left her job in New York, is moving to Atlanta and looking for a job. In terms of employment status, Alice can most accurately be described as a. Involuntarily unemployed - X ( b. cyclically unemployed - e. seasonally unemployed d. frictionally unemployed e not in the labor force X 8. If unemployed workers become discouraged and give up trying to find work, the number of workers employed and the unemployment rate would change in which of the following ways? a Number of workers employed: Decrease Unemployment Rate: Decrease b. Number of workers employed: Decrease Unemployment Rate: Increase Number of workers employed: Decrease Unemployment Rate: No Change Ooo d. Number of workers employed. No change Unemployment Rate: Decrease- x ( e. Number of workers employed: No Change Unemployment Rate: Increase 600, 9. Which of the following best describes an economy at full employment? 1.0083 90108 ni 9 a. The rate of unemploymentis zero. - nature seats of unemployment X A ni 905 16s/7 : 000,$2-300S ni Kia Indikreview b. There is only structural and cyclical unemployment. There is only cyclical unemployment . d. There is cyclical, but not structural, unemployment. e. There is frictional, but not cyclical, unemployment. 6:011 0901 --X 00- 3 Of Is = 011 Opix X = 001 0O

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing

Authors: Philip Cateora

16th Edition

0073529974, 9780073529974

More Books

Students also viewed these Economics questions

Question

Explain the major methods of handling risk.

Answered: 1 week ago

Question

1. Information that is currently accessible (recognition).

Answered: 1 week ago