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ECO/372 Final Exam 30/30 Answers

ECO/372 Final Exam 30/30 Answers

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ECO/372 Final Exam 30/30 Answers

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ECO/372 Final Exam 30/30 Answers

ECO/372 Final Exam (Result – 30/30)

News Story: Workers at a car-manufacturing plant in Flint, Michigan are laid off because the economy is weak and GM cars aren’t selling well. GM isn’t sure when the plant will reopen. What type of unemployment describes the workers’ situation?

Frictional unemployment

Structural unemployment

Full unemployment

Cyclical unemployment

 

Globalization that allows governments to pursue expansionary policies can be dangerous because it can lead to:

A reduction in the debt ceiling

Goods price inflation

Asset price inflation

Goods price deflation

 

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