Structural unemployment usually lasts longer than frictional unemployment
Indicate whether the statement is true or false
TRUE
Economics
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When gross domestic product (GDP) is adjusted by adding any income earned abroad by U.S. firms or residents which is sent back to the United States and by subtracting any income earned in the United States by non-U.S
corporations or foreign nationals which is sent back to their home countries, it is called A) depreciation. B) international GDP. C) subsidized income. D) gross national product (GNP).
Economics
What is the euro and why has it been created? How has its value changed relative to the U.S. dollar since its inception?
Economics