Suppose the world price of steel rises 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 achieve this goal? check all that apply.

a. increasing the benefits offered to unemployed workers through the government's unemployment insurance program
b. offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks
c. improving a widely used job-search website so that it matches workers to job vacancies more effectively

Increase

Decrease

Frictional

B. Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks 

C. Improving a widely used job-search website so that it matches workers to job vacancies more effectively

Explanation:

If the price of steel rises, the production and supply of steel producing industries would rise. As a result of an increase in supply, the demand for Labour which is an input in the production process would rise.

If the price of steel rises, the production and supply of cars would fall because the price of steel which is an input in production has risen. The fall in supply would lead to fall in the demand for Labour.

As a result of an increase in the demand for Labour in the steel producing industry and a fall in the demand for Labour in the car industry, labour would migrate to the steel industry. The period of unemployment where labour moves from the car to the steel industry is known as frictional unemployment.

Frictional unemployment occurs when Labour moves from one job to another.

Government can reduce frictional unemployment by offering recipients of unemployment insurance benefits : a cash bonus if they find a new job within a specified number of weeks, this would be an incentive to intensify their job search.

Improving on the job search process also makes it easier for Labour to find jobs.

I hope my answer helps you.

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.