In 2012, Ben Bernanke expressed which concern about persistently high unemployment?
A) It would result in high inflation.
B) It would result in structural damage to the economy that would last for years.
C) It would never decline to desired levels.
D) It would cost him his job.
B
Economics
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What is marginal external cost of production?
What will be an ideal response?
Economics
_____ is the argument that with globalization, countries compete for international investment by offering low or no environmental regulations or labor standards
a. "Free rider problem" b. "Tragedy of the commons" c. "Race to the bottom" d. "Flag of convenience" e. "Enlightened self-interest"
Economics