Unemployment that is of a short duration to allow time to find a new job is:
a. structural unemployment.
b. cyclical unemployment.
c. frictional unemployment.
d. durational unemployment.
c
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If you deposit $10,000 in a savings account at an annual interest rate of 6%, how much will you have in the account at the end of three years?
A) $8,396 B) $11,800 C) $11,910 D) $10,600
The monopolistically competitive firm will charge a price which is more than that charged by a perfectly competitive firm
a. True b. False Indicate whether the statement is true or false
The main criticism of those who doubt the ability of the government to respond in a useful way to the business cycle is that the theory by which money and government expenditures change output is flawed
a. True b. False Indicate whether the statement is true or false
Means-tested government programs tend to reduce saving. What are means-tested programs and how do they reduce saving?