The type of unemployment caused by changes in the business cycle is
What will be an ideal response?
cyclical unemployment.
You might also like to view...
An overvalued exchange rate is an exchange rate:
A. that equals the number of units of a foreign currency over the number of units of domestic currency. B. at which the quantities of currencies demanded and supplied in the foreign exchange market are equal. C. that has an officially fixed value greater than its fundamental value. D. that has an officially fixed value less than its fundamental value.
In Marx's ideal communist society, the state
Suppose that Acme Widget is currently selling for $100 per share and you own a call option to buy Acme Widget at $75 per share. The intrinsic value of your option is
A) $25. B) $75. C) $100. D) not possible to determine in the absence of information on values of the share price of Acme Widget between now and the expiration date of the call.
Unemployment occurs even during periods when the economy is growing.
Answer the following statement true (T) or false (F)