One of the sources of cyclical unemployment is _____
a. flexible wages
b. sticky downward wages
c. the constant movement of workers between jobs
d. the fundamental changes in the nature of an economy
b
Economics
You might also like to view...
An example of the moral hazard problem in international investment would be that
A) those seeking funds for the riskiest projects are amongst those most actively seeking the funds. B) the recipients of the funds may use the funds for riskier projects than the approved project. C) government officials may demand higher than the usual amount of bribes. D) those seeking the funds are dishonest.
Economics
Market-oriented economists favor the use of _____ to solve the global warming problem
a. explicit emission targets b. taxes on emissions c. tradable rights d. Both (a) and (b) e. Both (b) and (c)
Economics