The natural rate of unemployment is made up of
A) seasonal and structural unemployment.
B) frictional, cyclical, and structural unemployment.
C) cyclical and structural unemployment.
D) frictional and structural unemployment.
E) frictional and cyclical unemployment.
D
Economics
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When people determine the quantity of education they will undertake, they ________ the external benefits. As a result, if education were left to an unregulated market, people would undertake too ________ education
A) overvalue; much B) ignore; much C) ignore; little D) overvalue; little
Economics
A monopolist can earn an economic profit only when:
a. marginal cost equals marginal revenue. b. marginal cost equals price. c. average total cost is less than price. d. all of these.
Economics