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Tokelo Tokelo
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6 years ago
Structural unemployment is unemployment caused by:
 a. temporary changes in jobs.
  b. discrimination.
  c. the time required to match employers and workers.
  d. a mismatch between worker skills and employer requirements.

QUESTION 2

If the marginal propensity to save (MPS) is 0.50, the value of the spending multiplier is:
 a. 1.
  b. 2.
  c. 4.
  d. 9.

QUESTION 3

If nominal GDP is 7 trillion, and the money supply is 2 trillion, then what is the velocity of money?
 a. 14.
  b. 7.
  c. 3.5.
  d. 2.

QUESTION 4

When people become unemployed because of a higher minimum wage, this type of unemployment is called:
 a. frictional.
  b. structural.
  c. cyclical.
  d. abnormal.

QUESTION 5

If the marginal propensity to save (MPS) is 0.25, the value of the spending multiplier is:
 a. 1.
  b. 2.
  c. 4.
  d. 9.

QUESTION 6

Which of the following is the velocity of money?
 a. How quickly the average worker gets paid after his or her work is done.
  b. The average speed of ATM machines.
  c. The average number of times per year that a given dollar of the money supply is spent.
  d. None of the above.
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Kim12345678900Kim12345678900
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6 years ago
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Tokelo Author
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#2
6 years ago
What an awesome place to get free homework help
wrote...
#3
6 years ago
What makes it awesome is that you posted, thanks for trusting us
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