Someone who is out of work because he or she is between jobs is experiencing
A. frictional unemployment.
B. structural unemployment.
C. seasonal unemployment.
D. cyclical unemployment.
Answer: A
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If the U.S. interest rate rises while interest rates in the rest of the world do not change, the higher U.S. interest rate
A) decreases the demand for dollars. B) increases the demand for dollars. C) has no effect on the demand for dollars. D) will stop all trading between the currencies of the U.S. and other countries.
What are the implications of the quantity theory of money for monetary policy and price stability?
What will be an ideal response?
A principle of Islamic economics is:
a. prohibition of charity b. give charity only to the state c. charge interest equal to risk d. prohibition of interest e. all of the above
In the market for pollution permits, the demand for permits comes from:
A. firms that would prefer to use permits rather than incur abatement costs. B. the Chicago Board of Trade. C. firms with low abatement costs. D. the Environmental Protection Agency.