The relationship between industrial capacity percentage and
a. the unemployment rate is indirect.
b. the unemployment rate is direct.
c. real GDP is indirect.
d. nominal GDP is indirect.
a
Economics
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In the Spence education signaling model, what is the social value of education?
a. Employees improve their ability to perform on the job. b. Employers can use education as a screen to match talented employees with high-skill jobs. c. Employers can save the costs of on-the-job training, which is less efficient than a general education. d. It allows low-ability employees to apply for high-salary jobs.
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Why is a monopolist a price maker?
What will be an ideal response?
Economics