A mismatch between the geographic location of workers and the location of job openings would result in which type of unemployment?
A. Wait
B. Cyclical
C. Frictional
D. Structural
D. Structural
Economics
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If the market for maple syrup is perfectly competitive, then in the long-run equilibrium, firms are
A) entering the market. B) exiting the market. C) making zero economic profit. D) temporarily shutting down.
Economics
Provide a definition of development economics. Justify your choice carefully
What will be an ideal response?
Economics
Keynesians argue that velocity is
A) equal to the inflation rate. B) equal to one. C) negative. D) unpredictable.
Economics
A firm in perfect competition perceives the demand curve to be downward sloping
Indicate whether the statement is true or false
Economics