The two fundamental causes of unemployment at full employment are
A) demographic change and decreases in the demand for labor.
B) job search and job rationing.
C) seasonal jobs and technological change.
D) foreign competition and financial bankruptcies.
E) decreases in labor productivity and more generous retirement benefits.
B
Economics
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Refer to the scenario above. In equilibrium, ________
A) Mathew will choose good and Peter will choose bad B) Peter will choose good and Mathew will choose bad C) both Mathew and Peter will choose bad D) both Mathew and Peter will choose good
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If a vacation in Paris is a normal good, other things being equal, an increase in consumer income will increase the demand for travel to Paris
a. True b. False Indicate whether the statement is true or false
Economics