Most economists believe that the source of European high unemployment in the past two decades is

A) labor market institutions.
B) tight monetary policy.
C) tight fiscal policy.
D) financial crisis.

A

Economics

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In the above figure, assume d3 is the demand curve faced by this firm. Which is TRUE?

A) This firm is earning an economic profit. B) This firm is experiencing an economic loss. C) This firm is breaking even. D) This firm's total revenues equal HRD0.

Economics

Which of the following represents a transfer payment?

a. payment to a company for moving expenses b. a Social Security benefit payment c. payment to an importer d. a postal clerk’s salary

Economics