Adjustment costs include:
a. dealing with child labor issues.
b. human rights.
c. getting used to foreign products.
d. short-term unemployment.
Ans: d. short-term unemployment.
Economics
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Which of the following is an important assumption in the short-run macro model?
a. Government spending depends on income. b. Output does not change. c. Firms do not maintain inventories. d. Investment depends on income. e. Prices do not change.
Economics
Use the following figure to answer the question below.
The combination of zero pounds of corn and eighty pounds of green beans is
A. efficient. B. not attainable. C. inefficient. D. local.
Economics