Cyclical unemployment includes people who become unemployed from
A) normal labor market turnover.
B) changes in the seasons.
C) changes in international competition.
D) technological changes.
E) changes in the business cycle.
E
Economics
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Marginal product:
A. diminishes at all levels of production. B. may initially increase, then diminish, but never become negative. C. may initially increase, then diminish, and ultimately become negative. D. is always less than average product.
Economics
Use the figure below to answer the following question.
A movement along the supply schedule from point x to point y depicts
A. a decrease in supply. B. an increase in quantity supplied. C. a decrease in quantity supplied. D. an increase in supply.
Economics