When the economy is operating at full employment, the natural unemployment rate consists of only

A) cyclical unemployment.
B) frictional and structural unemployment.
C) frictional and cyclical unemployment.
D) structural and cyclical unemployment.

B

Economics

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How does a monopoly decide the optimal amount of a good that it should produce? How does it set the price for its product?

What will be an ideal response?

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Which of the following best represents household saving?

A) T - (G + TR) B) (Y - TR) + I C) (Y - C - G - NX) D) (Y + TR - T) + C

Economics