Business, 06.05.2020 02:32 Boogates7427

Suppose the world price of steel falls substantially. The demand for labor _ among steel-producing firms in Pennsylvania will _ demand labor among automobile-producing firms in Michigan, for which steel is an input, will _ resulting from such sectoral shifts in the economy is best described as _ The temporary unemployment. Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal?
a. Improving a widely used job-search website so that it matches workers to job vacancies more effectively
b. Extending the number of weeks for which unemployed workers are eligible for unemployment insurance benefits from the government
c. 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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Suppose the world price of steel falls substantially. The demand for labor ___ among steel-producing...

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