« previous next »

Author Question: One major reason that economists are concerned about unemployment is that A) unemployment always ... (Read 121 times)

erika

  • Hero Member
  • *****
  • Posts: 522
on: Jun 29, 2018
One major reason that economists are concerned about unemployment is that
 
  A) unemployment always leads to frictional unemployment.
  B) unemployment reduces the size of the labor force.
  C) unemployment shifts the production possibilities curve outward.
  D) the economy is producing less output than if there were full employment.

Question 2

When Country X has high economic growth, this country has
 
  A) a high level of real Gross Domestic Product (GDP).
  B) a high level of per capita real Gross Domestic Product (GDP).
  C) a large increase in per capita real Gross Domestic Product (GDP).
  D) a large increase in personal income.


jointhecircus

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Major structures of the brain. Major structures of the brain.
6-8 Earth’s Major Tectonic Plates 6-8 Earth’s Major Tectonic Plates
Major Events in the History of Psychology (5 of 6) Major Events in the History of Psychology (5 of 6)
Trump coverage in major news networks Trump coverage in major news networks
Guide to Major Massage Therapy Organizations in the United States* Guide to Major Massage Therapy Organizations in the United States*
The reason why I do not study The reason why I do not study
Video: Appendicitis Animation

For a complete list of videos, visit our video library