Jack just told his boss that he thinks his boss is an idiot. It is likely that Jack will be experiencing ________ unemployment in the near future
A) cyclical B) structural C) frictional D) permanent
C
Economics
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In a two-period model, holding everything else constant, an increase in current taxes
A) unambiguously increases the current account surplus. B) unambiguously decreases the current account surplus. C) has an uncertain effect on the current account surplus. D) has no effect on the current account surplus, as long as Ricardian equivalence holds.
Economics
A car sold from a used car lot
A. would only be counted in Gross Domestic Product (GDP) if it was a foreign made car. B. would be counted in Gross Domestic Product (GDP). C. would fall under net exports, and would then be counted in Gross Domestic Product (GDP). D. would not be counted in Gross Domestic Product (GDP).
Economics