Cyclical unemployment exists when
A) frictional and structural unemployment is zero.
B) real national income exceeds potential income.
C) real GDP exceeds potential GDP.
D) real GDP is less than potential GDP.
D
Economics
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A seller who is a price taker charges:
A) above the market price. B) different prices to different buyers. C) the market price. D) below the market price.
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If a political scientist believes Brazil is on the brink of civil unrest, which will significantly reduce next year's coffee supply, he should ________ coffee futures
Other things constant, he is more likely to profit from his decision when ________ people are aware of the possibility of the civil unrest. A) sell; fewer B) buy; fewer C) sell; more D) buy; more
Economics