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Author Question: Would an economist consider clean air a scarce resource? Explain. What will be an ideal ... (Read 31 times)

itsmyluck

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Would an economist consider clean air a scarce resource? Explain.
 
  What will be an ideal response?

Question 2

Suppose the natural rate of unemployment is 5 percent. If the actual unemployment rate is 4 percent, then the cyclical unemployment rate is
 
  A) -1 percent.
  B) 1 percent.
  C) 9 percent.
  D) 0 percent as cyclical unemployment cannot be less than zero.


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jomama

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itsmyluck

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Reply 2 on: Jun 30, 2018
Excellent


smrtceo

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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