Employers often end up laying off more workers during a recession due to ________
A) higher corporate taxes B) flexible wages
C) tight monetary policy D) downwardly rigid wages
D
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The European central bank is located in Frankfurt, Germany
Indicate whether the statement is true or false
The Natural rate of unemployment equals
a. The sum of the frictional and structural unemployment rates. b. The sum of the frictional and cyclical unemployment rates. c. The sum of the structural and cyclical unemployment rates. d. None of the above.
It is illegal in the United States for firms to pay different employees different wages for doing the same job
a. True b. False Indicate whether the statement is true or false
Globalization has increased the demand for the logistical support and marketing sectors, but has led to a decline in the manufacturing industry. The effects of this are the same as those caused by the:
A. renewable curse. B. common curse C. resource curse. D. depreciation curse.