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Which of the following is true? Select one: Frictional unemployment is usually short term and structural unemployment is usually long term Cyclical unemployment is usually
Which of the following is true? Select one: Frictional unemployment is usually short term and structural unemployment is usually long term Cyclical unemployment is usually short term and seasonal unemployment is usually long term Seasonal unemployment is usually large and significant Cyclical unemployment is always small and not importantConsider the following chart. 130- LAS 120= 110- 100 - 90 80 - X AD GDP 0.8 0.9 1.0 1.1 1.2 1.3 The (approximate) short run equilibrium is Select one: A price level of 105 and a GDP level of 1.0 A price level of 105 and a GDP level of 1.1 O A price level of 95 and a GDP level of 1.1 O A price level of 100 and a GDP level of 1.1Consider the following chart. 130- LAS 120- 110- 100- 90 80 X AD, L GDP 0.8 0.9 1.0 1.1 12 1.3 The (approximate) long run equilibrium is Select one: O A price level of 95 and a GDP level of 1.0 O A price level of 100 and a GDP level of 1.0 O A price level of 105 and a GDP level of 1.0 A price level of 95 and a GDP level of
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