Unemployment caused by the normal search time required by workers with marketable skills who are changing jobs, those initially entering the labor force, or those re-entering the labor force is;

In recent decades, the United States

A) was essentially a closed economy. B) was generally a net borrower of foreign funds. C) was generally a net lender abroad. D) experienced a net outflow of savings.

The utilitarian justification for redistributing income is based on the assumption of diminishing marginal utility

a. True b. False Indicate whether the statement is true or false