In countries with very restrictive labor laws , many firms are reluctant to hire workers. This reluctance can
A) reduce cyclical unemployment and the natural rate of unemployment.
B) reduce structural unemployment and the natural rate of unemployment.
C) reduce frictional unemployment and the natural rate of unemployment.
D) increase the natural rate of unemployment.
B
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If a European importer can buy $10,000 for 11,100 euros, the exchange rate for the euro is ________.
A. 1 euro = $0.90 B. 1 euro = $1.11 C. 1 euro = $0.80 D. 1 euro = $0.95
Describe the holdout problem with emphasis on how it might lead to resource being allocated inefficiently. Give three private ways to possibly overcome the holdout problem
What will be an ideal response?
What percent of families are poor for eight or more years?
a. more than 20 percent b. between 15 and 20 percent c. approximately 10 percent d. less than 3 percent
Refer to Figure 26-4. If the equilibrium quantity of loanable funds is $56 billion and if the rate of inflation is 4 percent, then the equilibrium real interest rate is
a. 6 percent
b. higher than 8 percent
c. lower than 6 percent.
d. between 6 percent and 8 percent