Which of the following types of unemployment is directly associated with insufficient overall demand for goods and services?

A. Search unemployment.
B. Wait unemployment.
C. Cyclical unemployment.
D. Frictional unemployment.


C. Cyclical unemployment.

Economics

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Political considerations are unimportant to an understanding of tax policy

a. True b. False

Economics

Since 1946, the president of the United States has received guidance from a group comprised of three members and a staff of a few dozen economists known as the

Economics

Refer to Figure 8.4. Micro Oven's total fixed costs are A) $0. B) $200. C) $500. D) indeterminate from this information.

Economics

In the long run, a year-long drought that destroys most of the summer's wheat crops causes permanently:

A. higher prices. B. lower prices. C. lower output. D. None of these is true.

Economics