Which of the following factors strengthens the case for policy activism?

A) flexible wages B) lack of real-business-cycles
C) sticky prices D) flexible prices

C

Economics

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A person who quits working because of a variety of excuses such as "unbearable office politics" or "difficulty to work in that environment" is described as being part of

a. discouraged workers b. counterfeit unemployment c. the underemployed d. displaced unemployment e. frictional unemployment

Economics

When there is only a weak link between work effort and reward

a. individuals will undertake fewer projects that create income. b. taxing the rich and distributing the money to the poor becomes the best way to increase the size of the economic pie. c. corporations will profit more. d. individuals have a strong incentive to undertake projects that generate income.

Economics