When is the unemployment rate zero?
A. Right after a recession ends
B. Never
C. When GDP growth is at its peak
D. Right before a recession starts
Ans: B. Never
Economics
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How do economists view profits?
A) The firm's profit equals the sum of all payments to the 5 factors of production. B) Profits are an asset the business holds. C) Profits are guaranteed as long as a firm operates ethically. D) Profits are one of the costs paid to a factor of production.
Economics
Which of the following accept deposits from or sell shares to the general public?
i. money market funds ii. thrift institutions iii. commercial banks A) i only B) ii only C) iii only D) Both ii and iii E) i, ii, and iii
Economics