Frictional unemployment can be the consequence of
a. workers leaving existing jobs to find ones they like better.
b. one industry declining while another is growing.
c. changes in the working conditions offered by competing firms.
d. All of the above are correct.
d
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For country A, an export is a good produced in
A) country B and purchased by residents of country A. B) country A and purchased by residents of country A. C) country B and purchased by residents of country B. D) country A and purchased by residents of country B.
As the quantity of capital increases, the marginal product of capital
A) does not change. B) increases. C) decreases. D) may either increase or decrease.
The following is NOT an example of a potential monitoring solution to moral hazard
a. blocking social network sites on company computers b. closed circuit TVs throughout a warehouse c. GPS tracking devices in repair trucks d. requiring physicians to be 'board certified'
If British real GDP fell, there would be
a. a rightward movement along the supply of British pounds curve in the dollar-pound market b. a leftward movement along the supply of British pounds curve in the dollar-pound market c. an increased supply of British pounds to the dollar-pound market d. a decreased supply of British pounds to the dollar-pound market e. the tendency for the supply of British pounds curve to become steeper in the dollar-pound market