If the Federal government expands its support of education and retraining of workers who have been unemployed for a relatively long length of time, which type of unemployment would the education and retraining most likely be targeted?
A) discouraged B) cyclical C) structural D) frictional E) government
C
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Economists like Hernando de Soto feel that a ___________ is the key to economic development.
A. strong national defense B. strong currency C. strong titling system D. stable currency
Which is of the following statements is correct?
A. If demand increases, then price will decrease B. If demand decreases, then price will decrease C. If price increases, then demand will decrease D. If price decreases, then demand will decrease
Suppose that a new iPod with 30 new features costs $100 more to produce and buy than does the previous version. The $100 price increase
A. is not added to the inflation rate because consumer electronics are not part of the consumer market basket. B. is not added to the inflation rate because it represents an improvement in quality. C. is added to the inflation rate. D. is divided by the additional benefits and then added to the inflation rate.
Explain what will happen to the production possibilities curve over time if society gives up some consumption goods in favor of more capital goods
What will be an ideal response?