Unemployment implies that in the labor market there is
A. an excess supply of workers.
B. an excess demand for labor.
C. a shortage in the supply of labor.
D. an excess supply of available jobs.
Answer: A
You might also like to view...
How would a regulator of a monopoly think differently about regulating price discrimination depending on whether the regulator's objective is to maximize efficiency or to maximize consumer surplus?
What will be an ideal response?
According to the article, ________ in ________ have contributed to Canada's ________ change in real GDP
A) increases; consumption and exports; expected B) decreases; exports and investment; unexpected C) increases; consumption and investment; unexpected D) decreases; exports and government spending; expected
During the 1990s, Japan's economy experienced
A) a tripling of values in the stock market. B) negligible inflation and unemployment rates. C) falling short-term interest rates. D) All of the above.
Stagflation is characterized by a(n)
What will be an ideal response?