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. O Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government O Establishing government-run employment agencies to connect unemployed workers to job vacancies O Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
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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.
Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government
Establishing government-run employment agencies to connect unemployed workers to job vacancies
Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks
Transcribed Image Text: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. Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government Establishing government-run employment agencies to connect unemployed workers to job vacancies Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks
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