Structural unemployment is a special type of cyclical unemployment
a. True
b. False
Indicate whether the statement is true or false
False
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Market price is $50. The firm's marginal cost curve is given by MC = 10 + 2Q
a. Find the profit-maximizing output for the firm. b. At this output, is the firm making a profit? Explain your answer.
Taken together, factors such as education, training, experience, intelligence, and work habits are known as:
A. learned behaviors. B. productivity factors. C. human capital. D. statistical discrimination factors.
A rise in the real exchange rate is called
A) a real depreciation. B) a real appreciation. C) a real bargain. D) a real devaluation.
A subsidy is sometimes used by the government to correct the problems associated with
A) negative externalities. B) positive externalities. C) public goods. D) monopolies.