Which characteristic is most typical of human resources in developing nations?
A. A small population base
B. Low unemployment in urban areas
C. Low unemployment in rural areas
D. High unemployment in urban areas
D. High unemployment in urban areas
Economics
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The defining features of business cycles is that they
A. are inherently bad B. represent the underlying trend of real GDP C. are fluctuations about trend of real GDP D. measure prospects for future growth in the economy
Economics
A monopoly firm can make economic profit in the long run. A firm in monopolistic competition cannot. What creates this difference?
What will be an ideal response?
Economics