A housewife who is returning to the labor force after an absence of 10 years is ________ unemployed until she finds work.
A. frictionally
B. structurally
C. cyclically
D. seasonally
A. frictionally
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What are accounting, or "shadow" prices for project appraisal? In what way do they differ from market prices, and why do we need them? Additional question or part of question: How can reference to world prices help countries gauge the real
opportunity costs of development projects?
Referring to the graph above, assume that, at first, the labor market is in equilibrium at point 4. In which scenario does unemployment rise, with no change in the quantity of employment?
A) real wage rises to the level of points 1 and 2 B) supply shifts to pass through point 5, with no change in the real wage C) demand shifts to pass through point 3, with no change in the real wage D) supply shifts to pass through point 3, with no change in the real wage
During a boom, the actual rate of unemployment will be
What will be an ideal response?
The revenue received from the sale of ________ of a product is a marginal benefit to the firm
A) an additional unit B) the total number of units C) no units D) only profitable units