Cyclical unemployment is caused by
A. technological change.
B. predictable shifts in production associated with different seasons.
C. a dynamic economy in which people want to switch jobs sometimes.
D. changes in an economy's overall condition.
Answer: D
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The homoskedasticity-only F-statistic and the heteroskedasticity-robust F-statistic typically are
A) the same B) different C) related by a linear function D) a multiple of each other (the heteroskedasticity-robust F-statistic is 1.96 times the homoskedasticity-only F-statistic)
If supply increases, sellers will ______ price, ______ quantity demanded until quantity supplied and quantity demanded are equal.
a. increase; decreasing b. reduce; increasing c. increase; increasing d. reduce;, decreasing
If there is a major problem in a country that leads to the rapid withdrawal of foreign investment, this is known as
A. international financial crisis. B. moral hazard. C. adverse selection crisis. D. an international leakage.
In the capital market, households ________ supply the financial resources to firms that allow them to purchase ________.
A. indirectly; capital B. indirectly; labor C. indirectly; land D. directly; capital