Unemployment resulting from real wages being above their equilibrium level is called _________ unemployment?
A. natural
B. frictional
C. disequilibrium
D. structural
A. natural
B. frictional
C. disequilibrium
D. structural
A. entry to it and exit from it are both costless
B. entry to it and exit from it are both costly
C. entry to it costless, but exit from it is costless
D. entry to it is costly, but exit from it is costless
A. pursue free trade as a policy that leads to maximum global efficiency
B. grant subsidies to firms offering potential comparative advantage
C. provide loans to domestic workers in exporting industries
D. increase interest rates on loans made to firms in import-competing industries
A. People lack information
B. People do not want to work
C. People do not have the right skills to work
D. People cannot afford to move location
A. Lion’s
B. Market
C. Net
D. Holding
A. USA
B. India
C. China
D. Canada
A. Bearer cheques
B. Credit Cards
C. Demand Drafts
D. Gift Cheques