A nation can determine how close it is to the classical range by considering its:

a. Export position.
b. Net export position.
c. Exchange rate.
d. None of the above.


.D

Economics

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A long-term mismatch between the skills of some workers and the jobs available is a principal cause of ________ unemployment.

A. structural B. cyclical C. frictional D. global

Economics

As the circular flow model points out, a choice that households make is how

A) many resources a firm will hire. B) many goods and services are produced. C) many goods and services are purchased. D) much labor is hired. E) much the government will collect in taxes and how much the government will spend on transfer payments.

Economics

Alcohol prohibition in the United States

A) abolished the production of liquor. B) abolished the consumption of liquor. C) abolished the distribution of liquor. D) accomplished all of the above. E) accomplished none of the above.

Economics

On a two-dimensional graph, ________ allows for the effects of additional variables

A) adding an additional curve B) eliminating a curve C) moving along a curve D) shifting curves

Economics