Employment protection laws make it harder for employees to lose their jobs and as a result, these laws reduce structural unemployment
Indicate whether the statement is true or false
FALSE
Economics
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Explain whether it is possible for a country to have a comparative advantage in the production of a product without having an absolute advantage in the production of that product
What will be an ideal response?
Economics
Why do economists regard who is legally responsible for paying the tax to be irrelevant?
What will be an ideal response?
Economics
For substitutes, cross price elasticity of demand is:
a. Negative b. Positive c. between zero and one only d. zero.
Economics
Explain what is meant by "derived demand" as it relates to factors of production
Economics