Full employment means which of the following is zero?

a. structural unemployment
b. cyclical unemployment
c. frictional unemployment
d. aggregate unemployment


b

Economics

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a. Managers are difficult to evaluate because there is no simple metric of how well they performed b. Managers typically have the necessary information to run their division efficiently c. Managers' decisions rarely affect other divisions d. Managers typically do not have the incentives to run their division efficiently

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Differences in earnings between racial groups is due in part from differences in:

A. ability to achieve. B. educational attainment. C. geographical location. D. None of these is true.

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A mismatch of the skills of unemployed workers and the skills required for existing jobs is defined as:

a. involuntary unemployment. b. cyclical unemployment. c. structural unemployment. d. frictional unemployment.

Economics

An insecure monopoly will lose more of its profit preventing other firms from entering when:

A. the zero profit quantity is large. B. the minimum entry quantity is small. C. the minimum entry quantity is large. D. the number of potential entrants is large.

Economics