One reason for the rise in the natural rate of unemployment from 1960 to 1980 is
A) changes in the demographic composition of the work force.
B) the decline in inflation.
C) increased competition from foreign workers.
D) the depreciation of the dollar relative to foreign currencies.
A
Economics
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If an industry has only 4 firms, with the largest firm being twice as large as any other one (the 3 remaining firms are equal in size), then, the Herfindahl index of this industry would be
A. 5,000 B. 1,900 C. 2,800 D. Not enough information is provided.
Economics
What do economists call the situation where a hired manager does not have the same interests as the owners of the business?
A) a financial intermediary problem B) a principal-agent problem C) conquest and control D) a financial problem
Economics