When an individual is frictionally unemployed, the unemployment arises in part from
A) a short-term elimination of jobs because of a slowdown in business activity.
B) individuals searching for appropriate employment.
C) the permanent elimination of jobs because of a change in the structure of the economy.
D) a reduction in the overall demand for workers' skills.
B
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Refer to the table above. If Jack has an annual income of $40,000, into which tax bracket does he fall?
A) 10% B) 15% C) 23% D) 30%
With money supply shocks in the intertemporal model with money, the price level is
A) procyclical. B) acyclical. C) countercyclical. D) somewhat cyclical.
The problems posed by special interests are unaffected by fiscal federalism
a. True b. False
During the colonial period, this region specialized in grain production, primarily using family farms:
a. the Middle colonies b. the Southern colonies c. the New England colonies d. Newfoundland