On which of the following types of unemployment do macroeconomic tools have the greatest effect?
a. Cyclical unemployment.
b. All the above.
c. Structural unemployment.
d. None of the above
e. Seasonal unemployment.
.A
Economics
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Considering the relevant market structures, which is an INCORRECT statement?
A) In a perfectly competitive situation, there is an extremely large number of firms. B) In pure monopoly, there is only one firm. C) In monopolistic competition, there is a large number of firms. D) In any market situation, the number of firms is not very important.
Economics
For a risk-neutral person, the expected utility associated with various levels of wealth
A) is above the person's utility function. B) is below the person's utility function. C) is equal to the person's utility function. D) does not exist.
Economics