Unemployment is a
A. both a flow and a stock concept.
B. stock concept.
C. neither a stock nor a flow concept.
D. flow concept.
Answer: B
You might also like to view...
The opportunity costs of land is largely determined by
A) need. B) real estate agents. C) demand. D) government.
A person starts his own business after quitting his job in which he made $75,000. Expenses include $100,000 for wages and salaries, which includes a wage for the owner of $75,000, utilities of $5000, equipment of $50,000, and materials of $40,000
If revenues are $200,000, his accounting and economic profits are respectively A) $80,000 and $5000. B) -$70,000 and -$70,000. C) -$70,000 and $5000. D) $5000 and $5000.
The Federal Reserve increases the federal funds rate. The resulting economic change will be represented by a(n): a. upward movement along the short-run Phillips curve. b. downward movement along the short-run Phillips curve. c. rightward shift of the short-run Phillips curve
d. leftward shift of the short-run Phillips curve.
Refer to the following graph.
If this graph represents the supply of and demand for an imported product, a tariff of t will result in revenue for the government shown by area:
A. BOEH. B. ACIJ. C. BDGH. D. DOEG.