The increase in the unemployment rate during a recession is associated with which type of unemployment?

The economic way of thinking assumes people, including Mother Teresa, Jack the Ripper, Henry VIII, and Hilary Rodham Clinton, act on the basis of

A) greed. B) altruism. C) terror. D) the projects they are interested in.

Suppose Cassie's Candles is a profit-maximizing competitive firm. Cassie sells hand-made candles for $10 each. She will pay an hourly wage of $20 so long as the marginal productivity of a worker equals or exceeds two candles per hour

a. True b. False Indicate whether the statement is true or false