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Homework answers / question archive / Suppose the world price of steel falls substantially

Suppose the world price of steel falls substantially

Business

Suppose the world price of steel falls substantially. The demand for labor among steel-producing firms in Pennsylvania will The demand for labor among automobile-producing firms in Michigan, for which steel is an input, will The temporary unemployment resulting from such sectoral shifts in the economy is best described as unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply. Improving a widely used job-search website so that it matches workers to job vacancies more effectively O Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government 0 Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks

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