A recession causes a decrease in the demand for housing, resulting in substantial layoffs in the construction industry. This is an example of
A) cyclical unemployment.
B) frictional unemployment.
C) seasonal unemployment.
D) structural unemployment.
A
Economics
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The opportunity cost of holding money is properly measured by the rate of interest on financial assets such as bonds
a. True b. False Indicate whether the statement is true or false
Economics
When there is an excess demand for money, individuals and businesses will attempt to purchase bonds
a. True b. False Indicate whether the statement is true or false
Economics