A mismatch between the geographic location of workers and the location of job openings would result in what type of unemployment?

In Figure 11.3, if the MPS is 0.25 and the distance between points C0 and C1 is 200, then the distance between points y0 and y1 must be

A) 50. B) 200. C) 400. D) 800.

An economy is associated with every society because

a. in every society there are workers and owners of firms b. all people enjoy consuming goods c. the law of scarcity is universal d. the circular flow model applies to all societies e. economy and society are synonymous