Author Question: To think at the margin means to consider A) how people behave in their own self-interest. B) how ... (Read 37 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
To think at the margin means to consider
 
  A) how people behave in their own self-interest.
  B) how a small change in one variable affects another variable.
  C) how people will decide what to purchase.
  D) how nothing remains constant over time.

Question 2

What is meant by the natural rate of unemployment?
 
  What will be an ideal response?


SAUXC

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

B

Answer to Question 2

The natural rate of unemployment the rate of unemployment estimated to prevail in long-run macroeconomic equilibrium, when all workers and employers have fully adjusted to any changes in the economy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

For a complete list of videos, visit our video library