Costs of unemployment include
A. structural unemployment.
B. reduction in the labor force.
C. the output lost due to the fact that the economy is not running at full employment.
D. higher wages.
Answer: C
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If the inflation that results from targeting unemployment becomes unacceptably high, low inflation can be restored
Lower inflation can be obtained by ________ the growth rate of aggregate demand, by ________ money growth, and by________ interest rates. A) lowering; accelerating; raising B) raising; slowing; raising C) lowering; slowing; raising D) lowering; accelerating; lowering E) lowering; slowing; lowering
For diversification to be a successful management strategy, it must
A) generate accounting profits. B) earn normal profits. C) protect market share. D) add value.
If the number of buyers in a market decreases, then
a. demand will increase. b. demand will decrease. c. supply will increase. d. supply will decrease.
________ provides health benefits to people with low incomes, and ________ provides health benefits to most people over the age of 65.
A. Medicare; Medicaid B. Medicare; the Temporary Assistance to Needy Families (TANF) program C. Medicaid; the Temporary Assistance to Needy Families (TANF) program D. Medicaid; Medicare