A worker who loses a job at a call center because the company moved the call center operations to another country is an example of
A. cyclical unemployment.
B. disguised unemployment.
C. structural unemployment.
D. frictional unemployment.
Answer: C
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Which of the following is NOT a regional trade agreement?
a. the Trans-Pacific Partnership b. the Trans-Atlantic Trade and Investment Partnership c. the North American Free Trade Area d. the Europe-Japan Free Trade Area
Name the four factors of production that determine the quantity of real GDP supplied. Which one fluctuates the most over the course of the business cycle?
What will be an ideal response?
If a monopoly is operating along the portion of its demand curve where marginal revenue is positive, its
A) total revenue increases when price decreases. B) total revenue decreases when price decreases. C) total revenue remains the same when price decreases. D) total revenue is zero.
Brokers, in contrast to security dealers
A) hold inventories of securities. B) make their income through commissions. C) make their living on the spread between the bid price and the asked price. D) buy and sell securities at given prices.