Unemployed U.S. residents who are, in effect, merely searching for work between jobs, are defined as
A) frictionally unemployed.
B) structurally unemployed.
C) cyclically unemployed.
D) seasonally unemployed.
A
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Economists call the physical cost of changing prices
A) menu costs. B) increasing profits. C) inflationary suffrage. D) the cost of doing business.
Some economists believe that the high U.S. trade deficit should not be a concern because the:
A. long run effects of the trade deficit are correctly anticipated, and therefore, we will observe no serious disruptions in the economy. B. inflow of financial capital will finance new investment that will produce more goods in the future, but the economy will face a significant economic distress. C. inflow of financial capital will finance more consumption, and the trade deficit will correct itself. D. inflow of financial capital will finance new investment, in turn producing more goods in the future to reverse the deficit without serious disruptions to the economy.
If you borrow $5,000 from your bank to purchase shares of Snap from your cousin Vinny, this is an example of obtaining ________ financing and purchasing the stock in a ________ market
A) direct; primary B) direct; secondary C) indirect; primary D) indirect; secondary
An economic condition characterized by high unemployment and excessive inflation is called
A. depression. B. expansionary growth. C. recessionary downturn. D. stagflation.