________ unemployment occurs due to a mismatch between the jobs that are available and the skills of workers seeking jobs

A) Frictional B) Cyclical C) Voluntary D) Structural

D

Economics

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The above table gives techniques that Fatz confectionery can use to produce 2,000 pounds of candy

If the cost of capital is $20 per unit and the cost of labor is $40 per unit, the economically efficient technique for producing 2000 pounds of candy is A) A. B) B. C) C. D) D.

Economics

Suppose the minimum wage was $0.25 per hour in 1938 and the CPI in that year was 11.5

If the CPI in 1990 was 130.7, what is the real value of the 1938 minimum wage in terms of 1990 dollars? The real value of the 1990 minimum wage in terms of 1990 dollars is $4.25. Has the real value of the minimum wage declined since 1938?

Economics