A worker who loses a job at a call center because the company moved the call center operations to another country is an example of:
A. Frictional unemployment
B. Structural unemployment
C. Cyclical unemployment
D. Disguised unemployment
B. Structural unemployment
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Suppose an individual has to make a decision at time t without having all the information relevant for making the decision. At time (t+1), the relevant information is revealed. We will say that the individual made a mistake if his decision in time t would have been different had he known what he knows at time (t+1). True or False: Without behavioral economics, we would not be able to explain mistakes.
Answer the following statement true (T) or false (F)
Management needs more _________ who participate in community action programs and families, contribute to scientific, social or economic advances and improve human lives
a. Followers b. Leaders c. Social workers d. Muckrakers
Use the above table. Based on the information in the table, artisan bread is a(n)
A) normal good. B) necessary good. C) inferior good. D) negative good.
Javier’s government has decided to make school attendance a requirement for everyone under the age of 18. What determinant of productivity and economic growth is Javier’s government investing in?
a. technology b. human capital c. natural resources d. physical capital