Supplier power tends to be low when

a. The supplier provides critical inputs
b. The supplier provides homogenous inputs
c. Both A&B
d. None of the above

b

Economics

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Skills, talents, and abilities that people possess can be categorized best as:

a. Human resources b. Tangible resources c. Capital resources d. Financial resources

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If unemployment benefits became more generous it would be likely to _____ frictional unemployment and _____ the natural rate of unemployment:

a. Increase; increase b. Increase; not change c. Not change; increase d. Increase; decrease

Economics