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13. According to the Keynesian economists, _______ should bear the responsibility for unemployment. the government each...

13. According to the Keynesian economists, _______ should bear the responsibility for unemployment.

  1. the government
  2. each individual
  3. labor unions
  4. the family

14. The Natural rate of unemployment in the U.S is a result of  

  1. seasonal and induced unemployment
  2. disguised unemployment
  3. frictional and structural unemployment.
  4. cyclical unemployment

15. The 'minimum wage Law could lead to ________ unemployment.

  1. induced
  2. frictional
  3. cyclical
  4. structural

16. In Agricultural economies, due to family labor there was ______ unemployment. ( not recognized at that time).

  1. cyclical
  2. structural
  3. seasonal
  4. disguised
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Answer #1

a) "A"

The government in the economy should bear the burden of the unemployment in the market.

b) "C"

it is a result of frictional and structural unemployment.

c) "B"

it could lead to frictional unemployment.

d) "D"

There was disguised unemployment in the market.

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