In the 1990's Ireland made unemployment benefits less generous. This change would likely have reduced
a. both structural unemployment and the natural rate of unemployment.
b. structural unemployment but not the natural rate of unemployment.
c. both frictional unemployment and the natural rate of unemployment.
d. frictional unemployment but not the natural rate of unemployment.
c
Economics
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If the price of a firm's output rises, its
A) marginal product of labor increases. B) value of marginal product decreases. C) demand for labor increases. D) demand for labor decreases.
Economics
Refer to Figure 5-9. The private profit-maximizing output level is
A) Q1. B) Q2. C) Q3. D) Q4.
Economics