Which of the following is an outcome of prolonged unemployment?
a. An improvement in labor skills
b. An increase in the inflation rate
c. A rise in potential GDP
d. A fall in potential GDP
e. An increase in the size of the labor force
d
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Why do many film processing companies have a policy of printing every picture on a roll of film or a memory card, even if the picture is very fuzzy and customers are allowed to ask for refunds on any pictures they do not like?
What will be an ideal response?
The financial account balance is a nation's:
A. net investment income minus its net transfers. B. exports of goods and services minus its imports of goods and services. C. sale of real and financial assets to people living abroad minus its purchases of real and financial assets from foreigners. D. domestic investment spending minus domestic saving.