What is another name for the natural unemployment rate?
a. Non-deteriorating low-inflationary unemployment (NDLIU)
b. Natural rate of no-inflation unemployment (NRNIU)
c. Non-accelerating-inflation rate of unemployment (NAIRU)
d. Non-inflationary rate of low unemployment (NIRLU)
e. Natural unaffected rate of inflationary unemployment (NURIU)
c
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___________ refers to the inability to stop thinking about work or doing work. Also that work is the most pleasurable part of life
a. Reactivism b. Workaholism c. Procrastination d. Obsessing
A tariff is:
a. a duty that a company must pay its own government on exports. b. the price charged by one country to buyers of a good in another country. c. a price reduction designed to encourage international trade. d. a tax on an import.
In the period of U.S. economic history known as the Great Depression, the rate of inflation was generally
a. trending upward. b. positive. c. uncertain. d. negative.
The ability to impose fines, revoke licenses, and put people into jail allows the government to:
A. Ensure positive profits for its agencies B. Maximize revenues from its operations C. Enforce involuntary transactions D. Set market prices for goods and services