In a voluntary exchange,

A) both parties tend to receive more in value than they give u

A

Economics

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The natural rate of unemployment worsens if:

a. Unemployment benefits drastically improve. b. Capital markets become more competitive. c. A nation's resource endowments expand. d. All of the above. e. Actually, the natural rate cannot worsen. That's why it's called "natural."

Economics

Which of the following statements is TRUE about the planning horizon?

A) All inputs are fixed. B) All inputs are variable. C) There are fixed and variable inputs. D) Costs do not exist.

Economics