The counterpart to the unsold output of firms is the lack of jobs for workers willing to work
a. True
b. False
Indicate whether the statement is true or false
True
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You have been hired as an economic advisor for a developing country. You have been asked to focus on education as a means for the country's development
Explain to the prime minister how improving education and training can contribute to his country's economic growth, and why it is important for the government to take a proactive role in promoting education.
What is "adverse selection"?
What will be an ideal response?
Goals have many attributes, which of the following is not a main characteristic or attribute?
a. Intensity b. Complexity c. Priority d. Procrastination
Economists may hold many different views about the economy but on this they all agree: That price is always lower in a perfectly competitive market than in a monopoly market
Indicate whether the statement is true or false