Tommy graduates from college and starts to look for a job. Tommy is
A) cyclically unemployed.
B) frictionally unemployed.
C) structurally unemployed.
D) employed because he is looking for work.
E) unnecessarily unemployed.
B
You might also like to view...
The Board of Governors of the Federal Reserve System has
A) 12 members appointed by the president of the United States. B) seven members appointed by the president of the United States. C) seven members appointed to life terms. D) seven members elected by the public. E) 12 members elected by the public.
Marginal—rather than only average or per-unit--costs should guide decisions because marginal costs
What will be an ideal response?
Contractionary fiscal policy actions are likely to result in a ________ in net farm income
Fill in the blank(s) with correct word
When supply is perfectly inelastic, the supply curve is
A) upward sloping but not a straight line. B) vertical. C) downward sloping. D) horizontal. E) a straight line with a 45 degree slope that goes through the origin.