The relationship between unemployment and inflation is
A) nonexistent.
B) positive.
C) negative.
D) None of the above.
C
You might also like to view...
The above figure shows the market for finish carpenters in Bozeman. There is a minimum wage set at $18
Compared to the initial equilibrium without the minimum wage, once the minimum wage is in place, and after taking account of job search, the total workers' surplus ________ and the total firms' surplus ________. A) decreases; increases B) increases; increases C) increases; decreases D) does not change; increases E) decreases; decreases
New growth theory economists believe that:
I. Economic growth can continue as long as we keep finding new ideas. II. The marginal product of capital diminishes very rapidly, so we must rely upon technological advances to create economic growth. A) I only B) II only C) both I and II D) neither I nor II
Use headlines from the recent news to illustrate the potential for conflict between self-interest and the social interest
What will be an ideal response?
The government budget deficit and the trade deficit are often called the "twin deficits." Explain why this name applies, and why it is not always accurate
What will be an ideal response?