Unemployment is not only bad for the economy due to the loss of goods and services. Describe some other reasons why unemployment has a negative effect on the economy
What will be an ideal response?
Not only does unemployment mean the economy is not producing at its potential, there are other social problems associated with unemployed. Research has found that higher rates of unemployment can lead to higher crime rates, greater political unrest, higher rates of depression, and other illnesses among individuals. High unemployment sets a negative mood for the entire nation.
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A key for a monopoly that wants to practice price discrimination is to be able to control the resale of its product
a. True b. False Indicate whether the statement is true or false
What are the main features of the Sherman Act?
What will be an ideal response?
A decrease in the "Z" factors shifts the aggregate demand curve to the left.
Answer the following statement true (T) or false (F)
Starting from long-run equilibrium, an increase in autonomous consumption results in ________ output in the short run and ________ output in the long run.
A. higher; higher B. higher; potential C. lower; higher D. lower; potential