Title: ECO 372 Dreams Come True /uophelp.com - PowerPoint PPT Presentation

Description: For more course tutorials visit www.uophelp.com 1. News Story: Workers at a car-manufacturing plant in Flint, Michigan are laid off because the economy is weak and GM cars aren't selling well. GM isn't sure when the plant will reopen. What type of unemployment describes the workers' situation? § Frictional unemployment § Structural unemployment § Full unemployment § Cyclical unemployment 2. Globalization that allows governments to pursue expansionary policies can be dangerous because it can lead to: § A reduction in the debt ceiling § Goods price inflation § Asset price inflation – PowerPoint PPT presentation