Unemployment that results from business recessions that occur when aggregate demand is insufficient to create full employment is
A. frictional unemployment.
B. structural unemployment.
C. cyclical unemployment.
D. seasonal unemployment.
Answer: C
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In the late 2000s, which source of funds for corporations grew the most?
A) net new stock issues B) net new bond issues C) net new loans D) net new commercial paper
Apple has continued to be innovative to ensure that the demand for its products stays or becomes
a. More inelastic b. More elastic c. Unitary elastic d. None of the above
According to Nobel Laureate, Amartya Sen, which of the following measures should not be included in a balanced scorecard for economic growth?
a. Wide-spread access to basic life-sustaining amenities. b. Freedom to pick from a wide range of social and economic choices. c. Better self-esteem through higher standards of living. d. Currency appreciation due to balance of payments surpluses. e. All the above are proper measures in the balanced scorecard approach to growth.
If consumers are sensitive to price changes for a particular good, their demand for the good is said to be ________.
Fill in the blank(s) with the appropriate word(s).