Author Question: In conditions of full employment A) no one in or out of the labor force is unemployed. B) the ... (Read 84 times)

fagboi · **on:** Jun 29, 2018

In conditions of full employment

A) no one in or out of the labor force is unemployed.
B) the only unemployment results from a normal frictions and structural mismatches in the labor market.
C) the only unemployment results from cyclical swings in economic activity.
D) no one in the labor force is unemployed.

Question 2

Many nations are consistently accused of enjoying the benefits of membership in the United Nations, yet they provide few or no funds to support the organization. This is an example of

A) the principle of rival consumption.
B) the free-rider problem.
C) the negative externality problem.
D) the property rights problem.