The U.S. unemployment insurance program
A) increases the amount of time the unemployed spend searching for a job.
B) decreases the level of frictional unemployment.
C) pays the unemployed a benefit equal to twice the average wage.
D) eliminates structural unemployment.
Answer: A
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Neuroeconomics suggests that the frontal lobe carries out most decision making and strategic thinking takes place in the prefrontal cortex
a. True b. False Indicate whether the statement is true or false
An increase in the availability of an important major resource such as oil shifts the:
a) aggregate-supply curve to the left. b) aggregate-demand curve to the left. c) aggregate-supply curve to the right. d) aggregate-demand curve to the right.
In Figure 29.1, the area that represents the amount the consumers pay the producers under perfect competition is
A. OPPCCQPC. B. OFEQmonopoly. C. OFCQPC. D. OPmonopolyBQmonopoly.