People who are in the process of changing jobs are counted as

Average fixed cost is equal to

A) the amount of total cost that does not change as output changes in the short run. B) fixed cost divided by the quantity of output produced. C) average total cost plus average variable cost. D) fixed cost multiplied by the quantity of output produced.

The monetarist-Keynesian debate on the importance of monetary policy is unresolved because monetarists and Keynesians focus on two different types of evidence that generate conflicting conclusions. Monetarists tend to focus on

A) structural-model evidence, while Keynesians focus on reduced-form evidence. B) reduced-form evidence, while Keynesians focus on structural-model evidence. C) reduced-form evidence, while Keynesians focus on direct-model evidence. D) structural-model evidence, while Keynesians focus on direct-model evidence.