Unemployment is good from a social point of view because
A) it keeps wages in check.
B) it allows for better matches between workers and firms.
C) it provides free time.
D) it keeps the least efficient workers out.
Question 2
When a permanent negative supply shock hits the economy ________.
A) in the long-run, output is permanently lowered whether the central bank reacts or not
B) inflation decreases in the short-run
C) there is no long-run effect on inflation whether the central bank reacts or not
D) all of the above
E) none of the above
Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
When a Tornado Strikes: Social Organization Following a Natural Disaster
A typical malfunction indicator lamp (MIL) often labeled “check engine.”
Good body mechanics for sitting on chair while performing massage. A. Sit with back and head in ...
Anterior View of the Spinal Column Showing Anterior and Posterior Longitudinal Ligaments