What do economists call the difference between the most an individual is willing to pay for an item and what the individual actually has to pay?

Frictional unemployment increases when

A) real GDP decreases and the unemployment rate rises. B) the number of workers who quit one job to find another increases. C) discouraged workers drop out of the work force. D) workers are replaced by machines and the unemployed workers do not have the skills to perform new jobs.

Give 4 examples of situations that would cause the DD-curve to shift to the left

What will be an ideal response?