Which of the following is not correct?
a. Frictional unemployment is inevitable in a dynamic economy.
b. Although the unemployment created by sectoral shifts is unfortunate, in the long run such changes lead to higher productivity and higher living standards.
c. Workers tend to move to jobs where they are most valued.
d. Churning of the labor force signals that the economy is functioning poorly.
d
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Which of the following observations is true?
A. TFC remains the same irrespective of units of output produced. B. TVC remains the same irrespective of units of output produced. C. TVC falls as the unit of output increases. D. AFC increases as output increases further and further.
A cutoff bank statement provides assurance to the auditors that all checks outstanding at year-end were included in the list of outstanding checks in the year-end bank reconciliation.
a. true b. false
Disney sold The Little Mermaid for $20 with a $5 mail in rebate. The rebate should have
A. inverted overall customer demand. B. stabilized overall customer demand. C. increased overall customer demand. D. reduced overall customer demand.
In any case where there is a positive externality, forming a government agency to solve the problem rarely results in an efficient outcome.
Answer the following statement true (T) or false (F)