Public goods legislation involves
a. widespread benefits and concentrated costs
b. widespread benefits and widespread costs
c. concentrated benefits and widespread costs
d. concentrated benefits and costs
e. regulating natural monopolies to avoid price gouging
B
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Because of China's growth, natural resources
A) are in greater demand, but that demand is mostly going to the previously industrialized nations so it is having little effect on economic development in developing countries. B) are in greater demand and the natural resources are increasingly coming from developing countries. C) prices are falling since China has tremendous negotiating power. D) are not in high demand since labor and capital are the emphasized inputs in Chinese manufacturing.
Cindy recently graduated from law school. She is currently unemployed as she searches for work in Dallas, Texas. What type of unemployment is Cindy experiencing?
a. Frictional b. Seasonal c. Structural d. Cyclical