After his father lost his job, Jack was forced to drop out of school. In this scenario unemployment resulted in _____

a. a loss of lifetime earnings
b. a loss of human capital
c. deterioration of health
d. a loss of social cohesion

b

Economics

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The market for apples is an example of ________

A) perfect competition B) monopolistic competition C) monopoly D) oligopoly

Economics

A unit tax placed on demanders causes the supply curve to shift downward, shifting part of the tax burden to supplier in the form of lower prices and quantity

a. True b. False

Economics