A mismatch between the geographic location of workers and the location of job openings would result in what type of unemployment?
A. Frictional
B. Cyclical
C. Wait
D. Structural
Answer: D
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The U.S. government can continue to run a deficit as long as the cost of servicing the resulting debt remains manageable
a. True b. False Indicate whether the statement is true or false
Under the efficient-market hypothesis, it is advisable to spend at least an hour a day altering your portfolio to take advantage of profit opportunities.
Answer the following statement true (T) or false (F)
Economics is best defined as the
A) study of how people make choices to satisfy their wants. B) study of individual self-interests. C) study of why people do not react to incentives. D) process by which goods are sold in free markets.
Using Figure 8.5, if the equilibrium real output is Q2 then
A. Aggregate demand could be either AD1 or AD2 depending on the level of aggregate supply. B. The equilibrium price level is P2. C. Aggregate supply must be AS1 and the equilibrium price level must be P1. D. Aggregate demand must be AD1.