The unemployment that fluctuates over the business cycle is called
A) frictional unemployment.
B) structural unemployment.
C) full unemployment.
D) cyclical unemployment.
E) natural unemployment.
D
Economics
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Empirical evidence regarding the effects of devaluation on the balance of trade indicates that
A) devaluation generally improves the BOT. B) devaluation generally hurts the BOT. C) no strong generalizations are possible. D) devaluation has no effect on the BOT.
Economics
Figure 7-7
In Figure 7-7 at 100 units, AFC equals
A. 10. B. 100. C. 180. D. 1,000.
Economics