If a government provides substantial benefits to the unemployed while they look for work, it reduces the ______ of being unemployed.
Fill in the blank(s) with the appropriate word(s).
Ans: Opportunity cost
Economics
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Offering goods that are similar to competitors' products but more attractive in some ways is called:
A. product distinction. B. product differentiation. C. price-point pinning. D. deceptive advertising.
Economics
Which of the following is NOT a fundamental objective for the performance of a country's macroeconomy?
A. A reasonable and sustainable balance of payments with the rest of the world B. Interest rates C. Full employment of resources D. Price stability
Economics