The natural rate of unemployment when seasonally adjusted includes
A. frictional and cyclical unemployment but not structural.
B. frictional and structural unemployment but not cyclical.
C. frictional unemployment only.
D. cyclical and structural unemployment but not frictional.
Answer: B
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If a non-binding price floor were to be set in the market in the graph shown, it could be set at:
A. $30.
B. $23.
C. $16.
D. All of these would be binding price floors for this market.
a nation is going to achieve and sustain a high rate of economic growth, it must
What will be an ideal response?
Marketable pollution permits increase the amount of pollution generated because firms that don't want to reduce pollution can buy the right to pollute.
Answer the following statement true (T) or false (F)