According to the scenario above, in which of the following groups are all the people frictionally unemployed?
A) Rita and Darrelo
B) Chris, Rita, and Thorton
C) Rita and Jung
D) Darrelo and Jung
E) Jung
A
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Discuss the Coasian reasoning with an example
Aggregate demand equals: a. C + G + I + EX
b. C + G + I + EX + IM. c. C + G + I – EX + IM. d. C + G + I + EX – IM.
A macroeconomist, rather than a microeconomist, would study the effects on a market from two firms merging
a. True b. False Indicate whether the statement is true or false
When smaller political groups wish to have influence in a government with pluralistic voting, they will:
A. drop from races, and consolidate with larger parties. B. stay in political races, in the hopes of swaying the vote away from the candidate the majority favors. C. stay in political races, in the hopes of a miracle. D. drop from races, and campaign instead to sway the vote away from the candidate the majority favors.