Environmental regulation reduces the demand for Pennsylvania coal and the unemployment rate in Pennsylvania increases. This is an example of

A. regulatory unemployment.
B. frictional unemployment.
C. structural unemployment.
D. cyclical unemployment.

Answer: C

Economics

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If devaluation does not improve the BOT, but only the BOP, this implies that

A) the capital account is in deficit. B) the current account is in surplus. C) the improvement comes in the capital account. D) Both B and C.

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Discuss three ways in which U.S. banks can become involved in international banking

What will be an ideal response?

Economics