If a landlord will rent an apartment only to married couples, the landlord is using a ________ allocation method
A) majority rule
B) market price
C) contest
D) personal characteristics
E) command
D
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The market process avoids creative destruction
Indicate whether the statement is true or false
Unemployment caused by a contraction in the economy is called: a. frictional unemployment. b. cyclical unemployment
c. structural unemployment. d. seasonal unemployment.
Suppose you and your friend are in a shopping mall and you borrow $500 from your friend to pay for a smartphone that you purchase in a shop. This is an example of
A. direct financing. B. moral hazard. C. money laundering. D. indirect financing.
An unemployment rate of zero percent cannot be expected because
A) there are some people who do not want to work. B) there will always be discouraged workers. C) some portion of the labor force will always be between jobs. D) cyclical unemployment will always exist.