Which of the following is not a reason economies experience structural unemployment?
a. job search
b. unions
c. minimum-wage laws
d. efficiency wages
a
Economics
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Refer to the figure above. At what level of output does the firm maximize profits?
A) 0 units B) 10 units C) 20 units D) 30 units
Economics
The fact that the long-run Phillips curve is vertical implies that
A) monetary policy can't affect unemployment. B) money is neutral in the long run. C) there is a natural rate of inflation. D) money can't affect inflation in the long run.
Economics
A stock market boom which causes stock prices to rise should cause
What will be an ideal response?
Economics
The combination of psychology and economics to determine individual decision making is known as
A) behavioral economics. B) psychonomics. C) neuronomics. D) positive analysis.
Economics