When the rate of cyclical unemployment is zero, the
a. natural rate of unemployment must also be zero.
b. rate of frictional unemployment must be negative.
c. economy must have entered a recessionary stage.
d. economy is considered to be at full employment.
D
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Which of the following is the most likely to be a variable factor of production at a university?
A. The size of the student union. B. The size of the football stadium. C. The location of the university. D. The number of librarians.
Which of the following is NOT one of the core deliverables of a logistics system?
a. Infrastructural integrity b. Product availability c. Timely delivery d. Protection against disruption e. Operational efficiency
Total income in the economy can sometimes be greater than total spending.
Answer the following statement true (T) or false (F)
Had there been no coverage of the Irish and Spanish bonds by the larger banks, ________.
A. there would have been more funds for Irish and Spanish banks to lend to their customers B. there would have been no housing bubbles in Ireland and Spain C. there would have been no deficit implosions in Ireland and Spain D. there would have been more tax evasions by individuals in Ireland and Spain