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Frost Frost
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5 years ago

Question 1.

The demand for automobiles rises when the economy experiences an expansion. If an automobile manufacturer hires additional workers during an expansion, this would be best described as an example of a reduction in



▸ cyclical unemployment.

▸ natural unemployment.

▸ structural unemployment.

▸ frictional unemployment.

Question 2.

The economy is in an expansion and the housing market is growing. As a result of this, a home builder doubles his sales force. This would be best described as an example of a reduction in



▸ frictional unemployment.

▸ structural unemployment.

▸ cyclical unemployment.

▸ natural unemployment.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Niquegirl21!Niquegirl21!
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Frost Author
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5 years ago
You make an excellent tutor!
mambah4
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This helped my grade so much Perfect
Tim0301
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Thanks
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