The duration of unemployment tends to
A. increase when business activity decreases.
B. increase when the labor force shrinks.
C. stay consistently the same over long periods of time.
D. increase when employment increases.
Answer: A
You might also like to view...
A decrease in the real interest rate outside of the United States will cause net capital outflows to ________ and cause the dollar to ________ relative to other currencies
A) increase; appreciate B) increase; depreciate C) decrease; appreciate D) decrease; depreciate
Suppose each worker must use only one shovel to dig a trench, and shovels are useless by themselves. In the short run, an increase in the price of shovels will result in
A) fewer shovels being purchased. B) more workers being hired. C) a decrease in the firm's output. D) no change in the firm's output.
Laws restricting gambling can be seen as an attempt to limit the consequences of:
A. anchoring and adjustment. B. status quo bias. C. impulse control problems. D. regression to the mean.
Half of long-term external debt of developing countries is
A. sovereign debt. B. debt overhang. C. private debt owed by individual citizens. D. rescheduled debt.