Which of the following statements about frictional unemployment is true?
a. It can be eliminated only in a free society.
b. It is a long-term unemployment.
c. It does not exist in developed economies.
d. It is also called structural unemployment.
e. It arises when people choose to change jobs.
e
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As you move up along a straight-line demand curve,
A) the price elasticity of demand decreases in size. B) the price elasticity of demand increases in size. C) total revenue always decreases. D) total revenue always increases. E) total revenue never changes.
Capital outflows occur if:
A) domestic interest rates are higher than foreign interest rates. B) domestic interest rates are lower than foreign interest rates. C) domestic and foreign interest rates are the same. D) none of the above.
A central management concept is _______________ which is concerned with how time spent in one activity takes away from time spent in another activity
a. time displacement b. time exploitation c. time strategy d. time aspiration
Economists believe that the goal of environmental policy should be zero pollution
a. True b. False Indicate whether the statement is true or false