If the official unemployment rate increases in March from its February level because of sluggish sales in the auto industry, we can conclude that ____ unemployment is responsible for the increase

a. seasonal
b. cyclical
c. structural
d. frictional
e. any one of the causes of

B

Economics

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The apparent stickiness of the price of goods sold by oligopolists can be explained by the

a. contestable markets model. b. sales maximization model. c. kinked demand curve model. d. entry deterrence model.

Economics

Which of the following will cause a rightward shift of the demand curve?

A) a decrease in the cost of production B) a decrease in the price of the good C) an increase in the expected future price of the good D) all of the above

Economics