Convergence of the income gap has been most dramatic between
A) Hong Kong and the United States.
B) the Central European countries and the United States.
C) Africa and the United States.
D) South America and the United States.
A
Economics
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In a perfectly competitive market,
A) firms can freely enter and exit. B) firms sell a differentiated product. C) transaction costs are high. D) All of the above.
Economics
Frictional unemployment refers to:
A. people who are out of work and have no job skills. B. short periods of unemployment needed to match jobs and job seekers. C. people who spend relatively long periods out of work. D. unemployment related to the ups and downs of the business cycle.
Economics