During periods of recession unemployment:
A. is more common.
B. is less common.
C. is uncorrelated to periods of recession.
D. rates are the same for all groups of the working population.
A. is more common.
You might also like to view...
Real planned investment spending is inversely related to
A) wealth. B) the interest rate. C) real disposable income. D) producer expectations of future profit.
How might a monopolistically competitive firm continually earn economic profit greater than zero?
What will be an ideal response?
When oligopolistic firms in an industry form a cartel, then it is most likely that
A) both industry output and prices will increase. B) both industry output and prices will decrease. C) industry output will increase while prices will decrease. D) industry output will decrease while prices will increase.
When firms price based on the packaging of several products, they are
A) using a limit price. B) predatory in their marketing. C) bundling. D) none of these choices.