Emma is a road construction worker. During the winter months, Emma finds it more difficult to get work. The unemployment Emma experiences in the winter is
A) seasonal. B) cyclical. C) functional. D) structural.
A
Economics
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The marginal revenue product curve represents a firm's demand curve for a resource
a. True b. False
Economics
In contrast to the structural deficit, the cyclical deficit reflects
A. Changes in discretionary fiscal policy. B. Fluctuations in economic activity. C. Fiscal policy decisions. D. Changes in the "full-employment" deficit.
Economics