For most of the unemployed, unemployment spells are ________
A) longer than a year
B) longer than 10 years
C) permanent
D) shorter than three months
D
You might also like to view...
Which of the following is the best definition of economic growth?
A) the opportunity cost of capital B) the sustained expansion of production possibilities C) the investment in capital and consumption goods by an economy D) increased development of land and entrepreneurship E) the opportunity cost of consumption
If a 1 percent change in the price of a good causes a 1 percent change in the quantity demanded of that good, then the demand is said to be:
a. perfectly elastic. b. income elastic. c. unit-elastic. d. inelastic. e. perfectly inelastic.
If the resource prices faced by a firm rise, the result is a(n)
a. decrease in supply b. increase in supply c. decrease in demand d. increase in quantity demanded e. decrease in quantity supplied
Which of the following shifts short-run aggregate supply right?
a. an increase in the minimum wage b. an increase in immigration from abroad c. an increase in the price of oil d. an increase in the actual price level