Michael West has trouble getting places on time. He is always late for job interviews and has been out of work for three years. He is ___________ unemployed.
A. frictionally
B. structurally
C. cyclically
D. seasonally
B. structurally
Economics
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Suppose that the market for steel is shown in the above figure. What specific tax would result in a competitive market producing the socially optimal quantity of steel?
What will be an ideal response?
Economics
Local governments rely most heavily on
a. personal income taxes b. corporate income taxes c. estate taxes d. property taxes e. excise taxes
Economics
What is the long-run financial problem for Medicare?
What will be an ideal response?
Economics
The federal funds rate is ________ of the Fed
A) a technique B) a monetary policy rule C) the monetary policy instrument D) an objective E) a goal
Economics