Which of the following does not help reduce frictional unemployment?

The Coase theorem applies only in the case of _____

a. merit goods b. common resources c. inferior goods d. private goods

In analyzing the gains and losses from international trade, to say that Moldova is a small country is to say that

a. Moldova can only import goods; it cannot export goods. b. Moldova's choice of which goods to export and which goods to import is not based on the principle of comparative advantage. c. only the domestic price of a good is relevant for Moldova; the world price of a good is irrelevant. d. Moldova is a price taker.