Giving people income through unemployment insurance:
A. allows people to prolong their unemployment until they find a better match.
B. reduces seasonal employment because people find good matches, and change jobs less often.
C. creates one effect positive on unemployment.
D. All of these are true.
A. allows people to prolong their unemployment until they find a better match.
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In economics, money is defined as
a. the total value of one's assets in current prices. b. the total value of one's assets minus the total value of one's debts, in current prices. c. the total amount of salary, interest, and rental income earned during a year. d. any asset people generally accept in exchange for goods and services.
Explain how labor unions may create structural unemployment
What will be an ideal response?
If nominal GDP for 2009 is $6400 billion and real GDP for 2010 is $6720 billion (in 2009 dollars), then the growth rate of real GDP is
A) 0%. B) 0.5%. C) 5%. D) 50%.
States rely primarily on income taxes as a source of revenue
a. True b. False Indicate whether the statement is true or false