An initial leftward shift in labor demand often creates a cascading chain of events, amplifying the impact of the initial shock. This is known as the ________ effect
A) Veblen B) multiplier C) cluster D) rebound
B
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Explain what happens to the money supply, interest rates, investment spending and GDP when the Fed makes open market bond purchases
What will be an ideal response?
When workers voluntarily leave work while they look for better jobs, the resulting unemployment is called
A) structural unemployment. B) frictional unemployment. C) cyclical unemployment. D) underemployment.
Suppose a cost function is TC = Aq3 + bq2 + cq + d. Then the average total cost is
a. Aq2 + bq + cq +d/q b. Aq2 + bq + c c. Aq3 + bq2 + cq d. d
The systematic differences between the control and treatment groups can be controlled by taking two years data, _____.?
A. ?one treatment group before policy change and one after the change B. ?one before the policy change and one after the change C. one control group and one treatment group D. ?one control group before policy change and one after the change