_____ unemployment is experienced by a customer service representative who is laid off from a job because new technology reduces the need for people to handle customer service inquiries
a. Seasonal
b. Cyclical
c. Voluntary
d. Structural
e. Frictional
d
Economics
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Growing technology has provided increased opportunities for higher-skilled workers
Indicate whether the statement is true or false
Economics
If a bank has excess reserves of $5,000 and demand deposit liabilities of $80,000, and if the reserve requirement is 20 percent, then the bank has actual reserves of
A) $11,000. B) $20,000. C) $21,000. D) $26,000.
Economics
The telephone is an example of a product with network externalities
What will be an ideal response?
Economics
The collection of statutes aimed at curbing monopoly power is called
a. the 14th amendment. b. the Clayton Act. c. the Sherman Act. d. antitrust law.
Economics