Seasonal unemployment is
A) due to the fact that workers must search for appropriate job offers.
B) a result of a poor match of worker's abilities and skills with current requirements of employers.
C) a result of business recessions that occur when aggregate demand is insufficient to create full employment.
D) a result of the seasonal pattern of work in specific industries.
D
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Economists typically define money as:
A. anything in which its value can be inflated. B. a means of payment that lacks intrinsic value. C. currency that is issued by a central bank. D. a widely accepted means of payment.
The marginal tax rate is the:
A. Sum of all individual tax rates B. Tax rate paid by those with the lowest family incomes C. Total amount of taxes paid as a percentage of total income D. Increase in taxes as a percentage of an increase in income