Any unemployment that does not occur as a part of a normal functioning economy is most likely ________ unemployment.

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


Answer: B

Economics

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A) required reserve ratios B) desired reserve ratios C) excess reserve ratios. D) gold and foreign reserve ratios

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A risk-neutral individual will make investment decisions purely based on net present value because

A) she doesn't care about utility. B) utility is a linear function of wealth. C) she loves to take risk. D) net present value is always more than expected utility.

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The euro began trading in January 1999

a. True b. False Indicate whether the statement is true or false

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Economics deals primarily with the concept of _______

A. scarcity. B. poverty. C. change. D. power.

Economics