Unemployment rates differ widely among various groups in the population.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. higher; potential D. lower; higher
Why might the money price for something be higher than the opportunity cost? Why might it be lower? Give an example of each to illustrate your answer.
What will be an ideal response?
Which of the following are not included as a component of national income?
a. Corporate profits b. Compensation of employees c. Net interest income d. Capital gains and capital losses
Most economists believe that
a. speculation on financial markets reduces their efficiency and should either be abolished or heavily regulated. b. speculation on financial markets does not need to be regulated because it has been largely eliminated by regulations on program trading. c. speculation socially benefits financial markets but harms nonfinancial markets. d. speculation helps both financial and nonfinancial markets function more efficiently.