Ceteris Paribus,if Structural Unemployment Increases,the Economy Is

question 78

Multiple Choice

Ceteris paribus,if structural unemployment increases,the economy is

• A)Outside the production possibilities curve.
• B)Inside the production possibilities curve.
• C)On the fixed production possibilities curve.
• D)On the production possibilities curve that shifts inwarD.At the natural rate of unemployment (frictional + structural),the economy is on the production possibilities curve.If any part of the natural rate of unemployment increases,the production possibilities curve shifts inward.

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Definitions:

Instinctive Drift

The tendency of an animal to revert to instinctual behaviors that interfere with learned responses.

Successive Approximations

A method in behaviorism used to shape behavior by rewarding actions that are closer to the desired behavior.

Free Will

The ability to choose between different possible courses of action unimpeded.

Continuous Reinforcement

A learning process in which a behavior is reinforced each time it is exhibited, leading to quicker acquisition of the behavior.