Which of the following increases frictional and/or structural unemployment?
i. more young workers entering the labor force
ii. more generous unemployment benefits
iii. a structural slump with some industries dying
A) iii only B) i and ii C) ii only D) i, ii. and iii E) i only
D
Economics
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The critical determinant of real GDP per capita is
A) the size of the labor force. B) labor productivity. C) the population. D) the size of the working-age population.
Economics
According to the graph shown, if the market goes from equilibrium to having its price set at $10:
A. market transactions will decrease by 7.
B. market transactions will decrease by 3.
C. market transactions will decrease by 10.
D. market transactions will not change, only price has changed.
Economics