In the AD/AS diagram, what type of unemployment is shown by how close the economy is to the potential or full-employment level of GDP?

The difference between the value you place on a product and its market price is called

a. Consumer surplus b. Quantity demanded c. Demand d. None of the above

The features of the U-Form of firm organization are

a. workers have trouble developing a high degree of functional expertise b. it is difficult for employees to share information across positions within a division c. employee evaluation is hampered by managers having different skill sets than workers d. coordination across divisions is essential and is a burden on management