Unemployment is measured primarily in urban areas because in rural areas farm work is usually an outlet for labor

Describe the criticisms about decision making at the IMF and the World Bank

Which types of policies are thought to reflect bias? What types of costs are not considered? What is the fundamental question critics raise about the operations of the international governmental economic institutions?

The above figure shows the cost curves for a competitive firm. If the firm is to operate in the short run, price must exceed

A) $0. B) $5. C) $10. D) $11.