Economic profit is accounting profit minus the cost of capital

A work stoppage by a union in solidarity with another union's cause is known as a

A) secondary boycott. B) sympathy strike. C) jurisdictional dispute. D) primary boycott.

Which statement is true?

A. During very bad recessions and depressions the total of our frictional and structural unemployment rates is greater than our cyclical unemployment rate. B. When our overall unemployment rate declines, most of this decline is due to falling structural and frictional unemployment. C. Cyclical unemployment is generally zero. D. The sum of the frictional and structural unemployment rates is 5 percent.