Recessions are not identified for at least ________ months after it begins

Structural change influences the unemployment rate and such structural change is created by changes in

A) real GDP. B) technology. C) the minimum wage. D) population. E) the seasons.

If the government provides free schooling for all students, an economist would say education is

a. a free good, having no cost. b. scarce even though its cost is paid by taxpayers rather than by students. c. an example of a good that is no longer scarce. d. all of the above.