The long-run supply curve for a competitive industry always has a positive slope

If the amount paid as unemployment benefits decreases, the opportunity cost of job search

A) falls and people stay unemployed for a shorter time. B) rises and people would stay unemployed longer. C) rises and people stay unemployed for a shorter time. D) falls and people stay unemployed for a longer time. E) is not affected because unemployment benefits do not change job availability.

The focal point of the Bretton Woods system was the:

a. Great Britain pound. b. institution of special drawing rights. c. U.S. dollar. d. gold reserve. e. management of commodity money.