Which of the following is a major contributing factor to frictional unemployment?
a. inflation
b. lack of skills
c. lack of information
d. unpredictable weather
c. lack of information
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A nation's trade is said to be balanced when the value of its exports is greater than the value of its imports
a. True b. False Indicate whether the statement is true or false
Which of the following is true?
A. The completion of the transcontinental railroad system in the 1880s eventually made the United States the world's first mass market. B. Southern manufacturers were hurt by the high protective tariffs of the 19th century that kept out cheaper British manufactured goods. C. Agricultural inventions such as John Deere's steel plows greatly improved farm productivity. D. All of the choices are true.
The O in OLI theory stands for ownership, and the asset owned can be tangible or intangible
Indicate whether the statement is true or false
Secular deflation
A) has been a serious problem during the last three decades in the United States. B) although present, has not been a problem during the last three decades in the United States. C) has not been present in the United States since 1959. D) cannot exist in a capitalistic economy.