Author Question: Unemployment that results from business recessions that occur when aggregate demand is insufficient ... (Read 58 times)

bcretired · **on:** Jun 29, 2018

Unemployment that results from business recessions that occur when aggregate demand is insufficient to create full employment is

A) frictional unemployment.
B) structural unemployment.
C) cyclical unemployment.
D) seasonal unemployment.

Question 2

The major goal of social regulation is

A) a better quality of life through a less polluted environment, better working conditions, and safer and better products.
B) to make sure that firms are not earning monopoly profits.
C) to make sure that prices are kept low enough so that every person can purchase the good.
D) to make sure that the firm produces at the socially optimal point of production.