Which of the following can be considered an example of structural unemployment?

a. A recent graduate searching for his first job
b. A ski instructor looking for a part-time job during summer
c. An engineer looking for a new job after losing his job during a recession
d. A typist looking for a new job as his skills are not needed in the current labor market

d

Economics

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Refer to Figure 9-5. The loss in domestic consumer surplus as a result of the tariff is equal to

A) $5 million. B) $19.875 million. C) $24.875 million. D) $31.125 million.

Economics

The slope of the utility possibilities frontier is

A) positive. B) negative. C) zero. D) undefined.

Economics