Most spells of unemployment are long, and most unemployment observed at any given time is long-term

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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What is the difference between explicit costs and implicit costs? List three examples each of explicit costs and implicit costs that may be experienced by a small business

What will be an ideal response?

Economics

All else equal, if Canada raises its interest rates,

A) the dollar depreciates. B) the U.S. demand for Canadian dollars increases. C) the Canadian supply of Canadian dollars increases. D) Both A and B. E) Both A and C.

Economics