Structural unemployment can be caused by all of the following EXCEPT:
A) minimum wages.
B) labor unions.
C) efficiency wages.
D) fluctuations in the business cycle.
Ans: D) fluctuations in the business cycle.
Economics
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Which of the following is a role played by the Fed in the U.S. economy?
A) It acts as a lender of the last resort in case of bank runs. B) It determines the import duty on raw materials being imported into the country. C) It acts as a direct source of funds for new businesses and startups. D) It takes political decisions during periods of recessions.
Economics
How do government policies that enforce property rights affect economic growth?
What will be an ideal response?
Economics