Which of the following types of unemployment is likely to exist in an economy that is at its potential output level?
a. Cyclical unemployment only
b. Structural unemployment only
c. Frictional, cyclical, and seasonal unemployment only
d. Frictional, seasonal, and structural unemployment only
e. Seasonal unemployment only
Question 2
A decrease in the market interest rate, other things constant, will result in:
a. a rightward shift of the money demand curve.
b. a leftward shift of the money demand curve.
c. an increase in the slope of the money demand curve.
d. a movement up along the money demand curve.
e. a movement down along the money demand curve.
Variation in climatic conditions result in geographic variation in the distribution of biome types a
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Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ...