At the potential level of output, there is no seasonal unemployment

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Aggregate demand is the:

A. Total quantity of output demanded at alternative price levels. B. Total quantity of output demanded but only at full employment. C. Quantity of goods demanded by the largest corporations in the country. D. Quantity of new goods and services produced.

Economics

Which of the following types of economic regulation is most likely to encourage firms to inflate their costs?

A) price cap regulation B) rate of return regulation C) cartel regulation D) earnings sharing and price cap regulation

Economics