What is cyclical unemployment?
What will be an ideal response?
Cyclical unemployment is the unemployment that accompanies fluctuations in real GDP.
Economics
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Recessions are typically
A) unintended and disruptive. B) easy to predict in advance. C) the result of non-monetary disturbances. D) events economists have a hard time explaining.
Economics
Why is it important, for an open economy, that investment not be consistently higher than saving?
What will be an ideal response?
Economics