Which of the following changes would increase structural unemployment? select one:

a. an increase in the speed that firms and potential workers exchange information
b. a recession caused by a drop in total spending
c. a decrease in the minimum wage
d. increased globalization that moves the economy from a manufacturing-based economy to a more service-based economy

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.