An increase in the amount and time period for which unemployment compensation is paid will most likely
A) increase the structural rate of unemployment.
B) leave the natural rate of unemployment unchanged.
C) decrease the natural rate of unemployment.
D) increase turnover unemployment.
D
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If the U.S. government decides to distribute surplus cheese to food banks for the homeless, the government is addressing the question of
a. which goods and services should be produced with society's scarce resources b. what production methods should be used to produce goods and services c. how will output be allocated among the individuals in the society d. what prices will be charged for goods and services e. determining the optimal degree of specialization
Because workers in the U.S. economy receive most of the total income earned, which of the following factors of production is considered to be the most important?
a. profit b. wages c. interest d. labor