Cyclical unemployment results from:
a. a mismatch of skills
b. being in the wrong geographical location.
c. monetary cost and the time it takes to find the best job.
d. seasonal decreases in demand for labor.
e. prolonged declines in business activity.
e
Economics
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Most economists believe that the short-run aggregate supply curve
A) slopes down. B) slopes up. C) is a vertical line. D) is a horizontal line.
Economics
If demand increases, the equilibrium price and equilibrium quantity will both fall, everything else being equal
a. True b. False Indicate whether the statement is true or false
Economics