If a worker is temporarily laid off because the economy is in a recession, frictional unemployment increases

Indicate whether the statement is true or false


FALSE

Economics

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If the demand for pizza increases, then as a result, it is highly likely that the demand for:

A. chicken nuggets will fall. B. soda will increase. C. mozzarella cheese will increase. D. All of these are a likely result.

Economics

In 2009, the U.S. economy was experiencing an inflationary gap

a. True b. False Indicate whether the statement is true or false

Economics

Suppose government expenditures on goods and services and net taxes both decrease, and expenditures fall by more than net taxes. The effects of these changes on the budget deficit cause

a. both the equilibrium interest rate and the equilibrium quantity of loanable funds to fall. b. both the equilibrium interest rate and the equilibrium quantity of loanable funds to rise. c. the equilibrium interest rate to rise and the equilibrium quantity of loanable funds to fall. d. the equilibrium interest rate to fall and the equilibrium quantity of loanable funds to rise.

Economics

The tobacco, healthcare wholesale, and beverage industries all have a concentration ratio of over _____.

A. 10 B. 50 C. 80 D. 100

Economics