If the demand curve for bottled water shifts rightward and the supply curve of bottled water shifts rightward, the equilibrium
A) price of bottled water definitely increases.
B) price of bottled water definitely decreases.
C) quantity of bottled water definitely increases.
D) quantity of bottled water definitely decreases.
C
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Frictional unemployment will always exist since
A) some workers will always want to make a job transition. B) the capitalist system promotes unemployment. C) mismatches in skills will always exist. D) the U.S. economy will continue to shrink.
Between 1860 and 1910, value added by the top ten manufactures roughly
a. doubled. b. tripled. c. increased by 500% (a factor of five). d. increased by 1000% (a factor of ten).
In the circular flow diagram, households supply __________ to business firms.
Fill in the blank(s) with the appropriate word(s).
When construction workers seek work because the ground is covered in snow and ice, the unemployment rate goes up. This situation is an example of:
A. Frictional unemployment. B. Seasonal unemployment. C. Structural unemployment. D. Cyclical unemployment.