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Author Question: Lattes at Starbucks are allocated to individuals in society through what type of method? A) ... (Read 63 times)

leo leo

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on: Jun 29, 2018
Lattes at Starbucks are allocated to individuals in society through what type of method?
 
  A) lottery
  B) contest
  C) sharing equally
  D) market price
  E) personal characteristics

Question 2

If the unemployment rate in an economy is 12, of which 5 is cyclical unemployment, 4 is structural unemployment, and 3 is frictional unemployment, what is the natural rate of unemployment?
 
  What will be an ideal response?
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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ryhom

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

The natural rate of unemployment is equal to frictional unemployment plus structural unemployment, so the natural rate of unemployment is: (4 + 3) = 7.


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