The demand for ice-cream is lower outside of summer causing lower demand for ice-cream salesman if they cannot find other work, this is called _______ unemployment?

Related Mcqs:

1. Suppose two economists are arguing about policies that deal with unemployment. One economist says. The government could lower unemployment by one percentage point if it would just increase government spending by 50 billion dollars the other economist responds Nonsense and poppycock! If the government spent an additional 50 billion dollars it would reduce unemployment by only one tenth of one percent. and that effect would only be temporary! These economists ?

   A. None of these answers
   B. Disagree because they have different scientific judgments
   C. really don’t disagree at all. It just appears that they disagree
   D. disagree because they have different values

2. Unemployment resulting from changes in the pattern of demand or supply in the economy is called _______ unemployment?

   A. regional
   B. technological
   C. structural
   D. demand-deficient

3. A way of helping depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ?

   A. market-orientated economists
   B. left-wing theorists
   C. Keynesian.
   D. new-Keynesian

4. A way of helping depressed regions by having lower wages, lower local taxes and lower unemployment benefit has been suggested as ?

   A. market orientated economists
   B. left-wing theorists
   C. Keynesian
   D. New-Keynesian

5. Unemployment benefits may increase the unemployment rate because unemployment benefits ?

   A. encourage people to quit their jobs
   B. reduce the cost of job search
   C. enable people to quit searching for work
   D. reduce the benefits of additional job searching

6. If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______?

   A. rise; falls; rise; deficit
   B. falls; rises; falls; surplus
   C. falls; falls; falls; surplus
   D. is static; low; rises; deficit

7. Suppose Handel’s Ice Cream experiences economies of scale up to a certain point and diseconomies of scale beyond that point. Its long-run average cost curve is most likely to be ?

   A. downward sloping to the right
   B. U-shaped
   C. Horizontal
   D. upward sloping to the right

8. Less demand in the economy may increase unemployment; this may lead to less spending which may reduce demand further. This is called ?

   A. The upward accelerator
   B. The downward multiplier
   C. The upward PPF
   D. The downward mpc

9. Unemployment resulting from real wages being above their equilibrium level is called _________ unemployment?

   A. natural
   B. frictional
   C. disequilibrium
   D. structural

10. Unemployment resulting from imperfect information in the labour market is called ____ unemployment?

    A. Frictional
    B. natural
    C. real-wage
    D. disequilibrium