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.

b

Economics

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As in all other competitive markets price equals marginal cost in a market for a scarce, non-renewable resource that is traded in a competitive market

Indicate whether the statement is true or false

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Government restrictions on the use of an open-access resource

a. may improve efficiency b. will decrease efficiency c. are unnecessary d. contribute to pollution of the resource e. contribute to depletion of the resource

Economics