________ does not address the questions related to optimal resource allocation.
a. Comparative-effectiveness analysis
b. Economic efficiency
c. Cost-benefit analysis
d. Cost-effectiveness analysis
a. Comparative-effectiveness analysis
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The unemployment rate will rise when
A) people get discouraged and quit looking for a job. B) the average work week falls from 40 hours to 39 hours. C) the duration of unemployment increases. D) the size of the labor force increases without an increase in employment.
The "rate of return" refers to:
a. the increase in future output made possible by investing one unit of current output in capital accumulation. b. the dividend payments made on corporate issued stock. c. the increase in current output made possible by investing in units of future output in capital accumulation. d. the rate at which capital depreciates.