When people who are willing and able to work cannot find jobs, ________ is said to exist

Fill in the blank(s) with correct word

unemployment

Economics

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In the United States, the observed Phillips curve is

A) unstable over time. B) stable over time. C) never discernible. D) not a curve, but a straight line.

Economics

A risk-averse person's expected utility function is

A) decreasing. B) convex. C) concave. D) a straight line.

Economics