"Hidden" or "disguised" unemployment consists of:
a. involuntary part time work
b. loss of overtime
c. shortened work hours
d. All of the above.
e. b and c only
d
Economics
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Accounting profit is the sum of a firm's revenue and its opportunity costs
Indicate whether the statement is true or false
Economics
Sally lost her job when her company went out of business because of a recession. This is an example of:
A. frictional unemployment. B. structural unemployment. C. cyclical unemployment. D. technological unemployment.
Economics