Problems & Exercises for MACRO

UNIT TWO (FOR EXAM TWO)

Unit Two--Assignment Two--Web Problem 1

For each of the following situations, indicate which type of unemployment is involved.

As a result of a general slowdown in business activity, airline pilots are laid off.

Due to new environmental regulations, coal miners become unemployed in Kentucky. No other coal mining jobs are available in this state.

A computer programmer quits his job in Tulsa to seek a fortune by starting up a new software company in Austin, Texas.

Please send your responses by e-mail.