A key factor in producing high economic growth is

A) eliminating foreign trade.
B) well-functioning financial markets.
C) high interest rates.
D) stock market volatility.

B

Economics

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Nicholas does not possess marketable job skills; therefore, he is

A) frictionally unemployed. B) structurally unemployed. C) cyclically unemployed. D) seasonally unemployed.

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The marginal cost of hiring the 4th worker is

a. $40 b. $100 c. $20 d. $0

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