Which of the following types of unemployment would best characterize a swimming instructor's unemployment during the winter months?

What does the phrase "internalizing an external cost" mean?

A) forcing producers to factor into their production costs the cost of the externalities created in the production of their output B) finding a way to address cross-border pollution C) limiting the extent to which domestic firms can outsource production D) prohibiting economic activities that create externalities

Given the reserve-holding ratio e and the fraction of deposits held as cash c, the deposit multiplier becomes

A) e - c. B) 1/(e - c). C) e/c. D) ec. E) 1/(e + c).