Structural unemployment exists because something is holding wages
A) naturally high.
B) artificially high.
C) naturally low.
D) artificially low.
B
Economics
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An external benefit is a benefit from a good or service that someone other than the ________ receives
A) seller of the good or service B) government C) foreign sector D) consumer E) market maker
Economics
Which of the following is NOT an application of supply and demand analysis?
A) Understanding changing world economic conditions and their effects on prices B) Evaluating the effects of government price controls on the agricultural industry C) Determining how taxes affect aggregate consumption spending patterns D) all of the above E) none of the above
Economics