Some long-run unemployment may be explained by the fact that the number of jobs available in some labor markets may be insufficient to give a job to everyone who wants one
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Critics of affirmative action programs argue that they
a. promote statistical discrimination. b. impair economic efficiency by preventing firms from freely choosing the most productive employee for a particular job. c. are not as efficient as quota systems at hiring women and minorities. d. All of the above are correct.
the demand for ethanol is affected by the following factors (pick the best of the choices):
a) the price of corn (an input to ethanol production) b) the number of ethanol plants that produce ethanol c) a change in the technology of ethanol production d) a new regulation mandating increased use of ethanol mixed gasoline e) all of the above
The “War on Poverty” was declared by President Ronald Reagan in 1982.
Answer the following statement true (T) or false (F)
Briefly explain how changes in business taxes would affect aggregate demand. Give an example.
What will be an ideal response?