(Consider This) Free products offered by firms:
A. may or may not be free to society but are never free to individuals.
B. may or may not be free to individuals but are never free to society.
C. are produced and distributed at no cost to society.
D. are usually items nobody wants.
Answer: B
Economics
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Andrew is not working, but is available and willing to work after finishing a month-long mission trip for his church. While on his mission, Andrew did not look for work. Andrew is considered
A) unemployed. B) part of the labor force. C) a marginally attached worker. D) a discouraged worker. E) Both answers A and B are correct.
Economics
The long-run aggregate supply (LAS) curve
A) has a positive slope. B) has a negative slope. C) is vertical. D) is horizontal.
Economics