Wait unemployment and search unemployment are both types of
A. structural unemployment.
B. cyclical unemployment.
C. frictional unemployment.
D. hidden unemployment.
Answer: C
Economics
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In general, it is common for goods with ________ to be auctioned
A) low prices B) relatively few buyers C) a large number of buyers D) a large number of sellers
Economics
When the wage increases, the substitution effect in the household's choices leads to
A) a decrease in consumption and leisure. B) a decrease in consumption and an increase in leisure. C) an increase in consumption and a decrease in leisure. D) an increase in consumption and leisure.
Economics