The primary cause of frictional unemployment is:

a. discouraged workers who give up looking for work.
b. fluctuations in aggregate demand.
c. the lack of training and marketable qualifications in job seekers.
d. inaccurate information about job opportunities.

d

Economics

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The Eurocurrency market grew due to a lack of regulation, which permits greater efficiency in providing banking services

Indicate whether the statement is true or false

Economics

Refer to the above table. Suppose the price of the good sold is $10 and the marginal factor cost of labor is $70, how many units of labor will the firm hire?

A. 10 B. 13 C. 12 D. 11

Economics