"Mismatch" unemployment is another name for ________ unemployment
A) frictional
B) structural
C) cyclical
D) natural
B
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When you open a checking account at Bank of America, Bank of America
A) has more deposits, but excess reserves remain unchanged. B) has more reserves, but excess reserves remain unchanged. C) has more reserves and more excess reserves. D) has more deposits and less in excess reserves.
The principle of diminishing marginal utility implies that total utility falls as consumption rises above a certain level
a. True b. False
Market power and externalities are examples of
a. laissez-faire economics. b. public policy. c. market failure. d. welfare economics.
You are a collector of baseball cards. In 2018, you purchase a Madison Baumgartner baseball card printed in 2012. This baseball card
A. is included in the 2012 GDP. B. is in the 2012 and 2018 GDP. C. excluded from the 2012 GDP. D. included in the 2018 GDP.