Question : 51) During the early 1980s, companies started expanding. One of : 1381386

51) During the early 1980s, companies started expanding. One of the results of this expansion was the long-term increase in the number of middle management positions. This change in the way businesses operate would have

A) increased the natural rate of unemployment.

B) decreased the natural rate of unemployment.

C) not affected the natural rate of unemployment.

D) either increased or decreased the natural rate of unemployment.

52) The ________ in unemployment that occurs during recessions and depressions is called ________ unemployment.

A) increase; cyclical

B) increase; frictional

C) increase; natural

D) decrease; structural

53) The unemployment that occurs during recessions and depressions is

A) the natural rate of unemployment.

B) cyclical unemployment.

C) frictional unemployment.

D) structural unemployment.

54) The demand for automobiles falls when the economy experiences a recession. If an automobile manufacturer lays off workers during a recession, this would be an example of

A) cyclical unemployment.

B) natural unemployment.

C) structural unemployment.

D) frictional unemployment.

55) The economy is in a recession and the new car market is in a slump. As a result of this, a Chevrolet dealership lays off half of its sales force. This is an example of

A) frictional unemployment.

B) structural unemployment.

C) cyclical unemployment.

D) natural unemployment.

56) During the recession of 2008-2009, cyclical unemployment increased as the recession continued. This increase in cyclical unemployment would have

A) decreased the natural rate of unemployment.

B) increased the natural rate of unemployment.

C) had no effect on the natural rate of unemployment.

D) either increased or decreased the natural rate of unemployment.

57) During a recession

A) consumption tends to rise.

B) investment tends to fall.

C) exports tend to fall.

D) imports tend to rise.

58) Which of the following is a cost associated with recessions and unemployment?

A) increased real output

B) the psychological harm done to the unemployed

C) increased output in the future

D) worsening of the nation’s balance of payments

59) Related to the Economics in Practice on p. 445: In the U.S. from 1955 to 1996, the labor force participation rate increased for ________ and decreased for ________.

A) men; women

B) women; men

C) white men; African American men

D) African American women; white women

60) Related to the Economics in Practice on p. 445: If the number of women entering the labor force is equal to the number of men leaving the labor force, the labor force participation rate will, ceteris paribus,

A) increase.

B) decrease.

C) not change.

D) drop to zero.

61) Related to the Economics in Practice on p. 447: Compared to students who graduate college and obtain employment during a recession, students who graduate during an economic expansion often find that starting wages are ________ and wage growth is ________.

A) lower; slower

B) lower; faster

C) higher; slower

D) higher; faster