When the actual exceeds the natural unemployment rate, this means that we have ________ unemployment
A) positive structural
B) negative structural
C) positive cyclical
D) negative cyclical
C
Economics
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During 2015, a country reports aggregate planned expenditures of $5 trillion and an actual real GDP of $4 trillion. During 2015,
A) inventories are less than planned. B) inventories are greater than planned. C) actual aggregate expenditures are greater than real GDP. D) actual aggregate expenditures are less than real GDP. E) inventories are unaffected.
Economics
The deadweight costs of an export tariff have similar interpretations to those of an import tariff
Indicate whether the statement is true or false
Economics