From the classical perspective, an increase in unemployment during a recession represents
A) voluntary unemployment.
B) a roughly equal mix of voluntary and involuntary unemployment.
C) involuntary unemployment.
D) a decrease in the number of discouraged workers in an economy.
A
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Comparing the United States to other economies, the United States is one of the ____ economies in the world.
A. most government-supervised B. most privatized C. most government-owned D. least privatized
In 1981, the combined net worth of the entire savings-and-loan industry in the United States was estimated by economists to be
A) $150 billion. B) close to zero. C) -$20 billion. D) -$150 billion.
In a natural monopoly, ATC ______ as output ______.
a. rises; expands b. falls; expands c. falls; falls d. rises; ceases
Dividing the number seventy-two by an interest rate yields
A. the number of years it would take an investment to double in value. B. the annual payment required to pay off a loan at that interest rate. C. a good measure of the level of risk in the investment proposal. D. all of these options are correct.