It is difficult for cyclically unemployed individuals to find jobs because:

A. they do not meet the qualifications required for the available jobs.
B. the economy is in a recession.
C. they quit their last job and employers view them with suspicion.
D. they have not looked long enough to find a job.

Answer: B

Economics

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Refer to Scenario 9.1. The dominant strategy for Sheb is to place ________ sheep on the commons

A) 4 B) 5 C) Sheb's dominant strategy depends on how man sheep Monty places on the commons. D) Sheb has no dominant strategy.

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It's not unusual for strangers driving through a small town to find a gas station more quickly than people driving through a major city center

According to the economic way of thinking, gas stations in city centers appear few and far between because A) big cities are just plain confusing to out-of-towners. B) the real estate space available for gas stations has more valuable alternative uses. C) the opportunity cost of placing additional gas stations in city centers is too low. D) the owner of gas stations would rather have people drive further distances and thereby use more gasoline.

Economics