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Question 8 0.56 pts Natasha voluntarily quit her job and is currently actively l

ID: 1166021 • Letter: Q

Question

Question 8 0.56 pts Natasha voluntarily quit her job and is currently actively looking for another job that will provide a better match for her career interests and skills. Natasha would be considered part of O frictional unemployment. cyclical unemployment. structural unemployment. O those not in the labor force. Question 9 0.56 pts Which growth theory emphasizes the role of physical capital but also predicts that growth will slow down and eventually stop due to diminishing returns to physical capital: O the classical growth theory O the new growth theory. O the neoclassical growth theory. the dynamic capital growth theory.

Explanation / Answer

8. The correct answer is: a)

Reason: frictional unemployment is caused by people moving on from one profession to another.

9. The correct answer is: c)

Reason: According to neoclassical theory, productivity of a factor of production diminishes due to diminishing returns.

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