Use the following choices regarding the various types of unemployment to describe this situation. Tired of the same job, day-in and day-out, Delores quit her job and is looking for more challenging work.
A. frictional unemployment
B. structural unemployment
C. natural unemployment
D. cyclical unemployment
A. frictional unemployment
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China has a trade deficit in services, while India has a trade surplus in services
Indicate whether the statement is true or false
Why might luxury-goods retailers limit purchases on a good by consumers "due to popular demand"?
A) Because they are worried about running out of supply, leaving some of their customers unhappy that they can't buy the good. B) Because they are trying to use scarcity as a way to improve the brand image of the good. C) Because they are limiting the possibility of arbitrage, where consumers buy in a low price area and resell in a higher price area. D) Because they are worried that they'll run out of the good during the all-important holiday season.