Unemployment occurs when someone:
A. wants to work but cannot find a job.
B. is not working full-time.
C. should be working but chooses not to.
D. has useful skills that are not being used.
A. wants to work but cannot find a job.
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In the Keynesian model, equilibrium occurs when aggregate output equals aggregate expenditures
a. True b. False Indicate whether the statement is true or false
The cost a business faces when changing prices in response to an economic shock is called
What will be an ideal response?
Productivity is generally measured as:
A. output per year. B. nominal output over time. C. real output over time. D. output per worker.
In some nations, the government pays parents to send their children to school. There is ________ that these payments ________ school attendance.
A. some evidence; actually decrease B. no evidence; increase C. no evidence; increase or decrease D. some evidence; increase