Two candidates, Smith and Jones, are running for the same political office. Last night they were in a debate. It is generally accepted that Smith is perceived more to the left after the debate than before the debate. This is bad news for Jones if before the debate Smith was perceived
A) too far right.
B) too far left.
C) as being in the middle of the political spectrum.
D) b or c
E) none of the above
A
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________ unemployment occurs due to a mismatch between the jobs that are available and the skills of workers seeking jobs
A) Frictional B) Cyclical C) Voluntary D) Structural
The demand for a new effective drug for the cure of AIDS would most likely be
A. elastic. B. unit elastic. C. perfectly elastic. D. highly inelastic.
Which of the following is not a store of value?
a. Federal Reserve notes. b. Credit card. c. Debit card. d. Passbook savings deposit.
The correct chain of causation illustrating the changes caused by monetary policy is
a. money, interest rates, C + I + G + (X ? IM), I. b. money, interest rates, I, C + I + G + (X ? IM). c. C + I + G + (X ? IM), I, interest rates, money. d. I, C + I + G + (X ? IM), money, interest rates.