Unemployment resulting from normal turnover in the labor market is called:
a. frictional unemployment.
b. cyclical unemployment

The capital and financial account is the record of

A) the nation's imports and exports of capital goods. B) foreign investment in the nation minus the nation's investment abroad. C) a nation's international trading, borrowing, and lending. D) changes in the government's holdings of foreign currency. E) payments for imports, receipts for exports, net interest, and net transfers.

Which of the following is an example of a concept from behavioral economics?

a. compartmentalizing b. the endowment effect c. behavior based on perceived fairness d. all of the above