Which of the following unemployment types is the major concern of macroeconomics?
a. Underemployment
b. Structural unemployment
c. Cyclical unemployment.
d. None of the above.
e. Frictional unemployment
.C
Economics
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In the long-run, what happens to the aggregate price level when the Federal Reserve decreases the money supply?
a) The aggregate price level falls. b) The aggregate price level rises. c) The aggregate price level rises and then falls. d) The aggregate price level does not change.
Economics
Workers in a nearby pizza restaurant may indirectly enjoy income increases from a nearby construction process
a. True b. False Indicate whether the statement is true or false
Economics