If a country signs a trade agreement so that employment in some industries rises and employment in some industries fall, then
a. structual unemployment rises temporarily.
b. structural unemployment rises permananently.
c. frictional unemployment rises temporarily.
d. frictional unemployment rises permanently.
c
Economics
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Define induced expenditure and autonomous expenditure. Which expenditure items are induced expenditure and which are autonomous expenditure?
What will be an ideal response?
Economics
The economic system that has the benefit of cooperation among individuals but suffers from a lack of individual initiative that leads to greater production describes the:
a. market economy. b. command economy c. soviet economy. d. traditional economy.
Economics