In 2017, Boeing announced that it was laying off 1,800 employees in addition to the 7,000 workers it had cut the year before. The laid-off employees who were eventually able to find jobs at another aircraft manufacturer such as Airbus or Bombardier would
have been considered ________ during the time they were out of work.
A) structurally unemployed
B) frictionally unemployed
C) seasonally unemployed
D) cyclically unemployed
Answer: B
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Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher
Amanda, age 6, opens a lemonade stand. She makes all the lemonade from a mix she found in her parents' pantry. Her stand is an old box she found in the garage. The pitcher and paper cups were taken from the kitchen. Which of the following is true?
a. The opportunity cost of the lemonade is zero. b. The only opportunity cost of the lemonade is Amanda's time. c. Amanda's explicit costs are zero. d. The implicit costs of Amanda's lemonade are zero. e. Whatever revenue Amanda gets will be pure economic profit.
Throughout the world, poverty is greater among women than men, particularly women who head households
a. True b. False
Use the above table. At an income of $150
A. real saving is $20. B. real dissaving is $50. C. real dissaving is $10. D. real saving is $10.