Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will . The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will . The temporary unemployment resulting from such sectoral shifts in the economy is best described as unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply.Taxing the price of placing a resume or posting a job opening on a job-search website Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks Improving a widely used job-search website so that it matches workers to job vacancies more effectively 4. Sectoral shifts, frictional unemployment, and job searchesSuppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas willin South Carolina, for which cotton is an input, willresulting from such sectoral shifts in the economy is best described as- The demand for labor among textile-producing firms*. The temporary unemploymentunemployment.Suppose the government wants to reduce this type of unemployment. Which of the followingpolicies would help achieve this goal? Check all that apply.Taxing the price of placing a resume or posting a job opening on a job-search websiteOffering recipients of unemployment insurance benefits a cash bonus if they find a newjob within a specified number of weeksImproving a widely used job-search website so that it matches workers to job vacanciesmore effectivelySave & ContinueGrade It NowContinue without saving

Frictional unemployment is the type of unemployment which occurs when the person shifts from one job…

Answered: 4. Sectoral shifts, frictional…

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter10: Unemployment

Section: Chapter Questions

Problem 2PA

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Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will . The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will . The temporary unemployment resulting from such sectoral shifts in the economy is best described as unemployment.

Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply.

Taxing the price of placing a resume or posting a job opening on a job-search website

Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks

Improving a widely used job-search website so that it matches workers to job vacancies more effectively

4. Sectoral shifts, frictional unemployment, and job searches
Suppose the world price of cotton falls substantially. The demand for labor among cotton-
producing firms in Texas will
in South Carolina, for which cotton is an input, will
resulting from such sectoral shifts in the economy is best described as
- The demand for labor among textile-producing firms
*. The temporary unemployment
unemployment.
Suppose the government wants to reduce this type of unemployment. Which of the following
policies would help achieve this goal? Check all that apply.
Taxing the price of placing a resume or posting a job opening on a job-search website
Offering recipients of unemployment insurance benefits a cash bonus if they find a new
job within a specified number of weeks
Improving a widely used job-search website so that it matches workers to job vacancies
more effectively
Save & Continue
Grade It Now
Continue without saving

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