The opportunity cost of a decision is measured in terms of
A) the next best thing given u
A
Economics
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The natural rate of unemployment in the United States generally ________ from 1960 to 1980 and ________ from 1980 to 2000
A) fell; rose B) fell; fell C) rose; fell D) rose; rose
Economics
Which of the following is included as government purchases in gross domestic product (GDP)?
a. Social Security payments to elderly citizens b. Welfare benefits distributed to the poor c. Outright grants from government to recipients d. Payments to clerical workers hired by government e. Unemployment compensation benefits
Economics