The pattern in which insurance is purchased more frequently by those who are the most costly for companies to insure is referred to as:

The Fed raises the interest rate when it

A) fears recession. B) wants to increase the quantity of money. C) fears inflation. D) wants to encourage bank lending. E) cannot change the quantity of money.

A recent accounting graduate from a major business school is searching for a place to begin his career as an accountant. This individual is best considered as

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