Frictional unemployment - Guías de estudio, Notas de estudios & Resúmenes
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Purdue ECON 252 Exam 2 Latest Update Graded A
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Purdue ECON 252 Exam 2 Latest Update Graded A capital accumulation the growth of capital resources, including human capital. when a country saves more, this grows faster. 
aggregate investment savings rate x GDP 
political creative destruction the process in which economic growth destabilizes existing regimes and reduces the political power of rulers. 
creative destruction refers to the process by which new technologies replace old ones, new businesses replace established companies, and new skil...
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ECS1601 Assignment 4 Semester 2 2023 (SOLUTIONS/ANSWERS)
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ECS1601 Assignment 4 Semester 2 2023 (SOLUTIONS/ANSWERS) 
 
Question 1 
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The distribution effects of inflation are best described by … 
a. 
the elderly benefiting at the expense of the young. 
b. 
creditors benefiting at the expense of debtors. 
c. 
borrowers benefiting at the expense of lenders. 
d. 
the poor benefiting at the expense of the rich. 
Clear my choice 
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Econ 104, Goffe, PSU 2024 Exam Graded A+ | Verified & Updated
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Econ 104, Goffe, PSU 2024 Exam Graded A+ 
| Verified & Updated 
GDP -Answer-the market value of all FINAL goods and services produced in a country 
during a period of time. 
GDP equation -Answer-GDP(Y)=C (consumption) + I (investments) +G (gov purchases) 
+NX (net exports) 
Consumption -Answer-expenditures made by households (excluding the purchase of a 
new house) 
Investment -Answer-Final goods and services purchased by business firms (equipment 
for production and new buildings), changes in i...
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ECS2602 Assesment 2 Macroeconomics
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ECS2602 Assesment 2 Macroeconomics 
The term “full employment” refers to a situation in the economy … 
Select one: 
A. 
in which there is only frictional and structural unemployment. 
B. 
where everybody who wants to work is employed. 
C. 
in which there is only cyclical unemployment and frictional unemployment. 
D. 
where there is no unemployment in the economy. 
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Which one of the following statements is correct rega...
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ECN 211 EXAM 2 ASU | 60 QUESTIONS WITH 100 % CORRECT ANSWERS | VERIFIED
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GDP is - value of all final goods and services produced within a country in a given period of time. 
Y = C + I + G + NX - Y = economy's total expenditure 
C = consumption in economy 
I = imports in economy 
G = government spending 
NX = net exports 
Net exports equal - exports minus imports 
CPI is used to - monitor changes in the cost of living over time 
Inflation rate - percentage change in the price level from the previous period 
Indexation refers to - using a law or contract to automatica...
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Business Major Field Test questions and answers 2024 latest update already graded A+
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Accounting: What costs should be considered when making non-routine decisions? (3) 
The price of material, Factory overhead costs, and the price of labor 
 
 
 
Accounting: Total product/ units produced and sold equals?? 
Product Cost per Unit 
 
 
 
 
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Accounting: What is a general explanation of what the contribution margin is? 
The difference between variable costs subtr...
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Virtual SC Economics Honors Summer Course Exam Review Rated A+
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Virtual SC Economics Honors Summer 
Course Exam Review Rated A+ 
 
_____ are opportunity costs of a decision (foregone benefits) that is not defined in money. 
Implicit costs 
 
_____ are taxes on _____ . Tariffs, imports 
 
_____ is harder to fix since it occurs with a change in technology or the market reduces the 
demand for certain types of products and workers. Structural unemployment 
 
_____ is the condition that exists when someone can produce a good or service with a lower 
opportunity ...
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Busi 22 Ch 2 Quiz, BUSI 22 Chapter 9 Quiz, BUSI 22 Ch 11 Quiz, BUSI 22 Ch 12 Quiz, BUSI 22 Ch 15 Quiz well answered
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Busi 22 Ch 2 Quiz, BUSI 22 Chapter 9 Quiz, BUSI 22 Ch 11 Quiz, BUSI 22 Ch 12 Quiz, BUSI 22 Ch 15 QuizWhich of the following is true of frictional unemployment? 
 
A.Frictional unemployment is when an industry closes and no longer needs certain types of employees. 
B.Frictional unemployment occurs during an economic downturn as employers lay off employees and hire them back once the demand for products and services increase. 
C.Frictional unemployment occurs when employers only have need for empl...
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ECN 211 EXAM 2 ASU QUESTIONS WITH CORRECT ANSWERS
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GDP is CORRECT ANSWER value of all final goods and services produced within a country in a given period of time. 
 
Y = C + I + G + NX CORRECT ANSWER Y = economy's total expenditure 
C = consumption in economy 
I = imports in economy 
G = government spending 
NX = net exports 
 
Net exports equal CORRECT ANSWER exports minus imports 
 
CPI is used to CORRECT ANSWER monitor changes in the cost of living over time 
 
Inflation rate CORRECT ANSWER percentage change in the price level from the prev...
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CPA BEC Exam Review 2024 with 100% correct answers
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Demand Curve Shift Upward (direct relationship-positive shift) - correct answer The price of subsitute goods, expectations of price changes, income for normal goods, and extent of market 
 
Demand Curve Shift Downward (inverse relationship-neg. shift) - correct answer The price of complement good, income for inferior goods, and consumer boycotts 
 
SWOT analysis - correct answer strengths, weaknesses, opportunities, threats 
 
Three common measures of price inflation: - correct answer 1....
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