Cyclical unemployment is Question 47 options:
1. related to job search difficulties for potential workers.
2. a result of business recessions that occur when aggregate demand is insufficient to create full employment.
3. a result of a poor match of worker's abilities and skills with current requirements of employers.
4. a result of the seasonal pattern of work in specific industries.

Which of the following has the largest impact on opportunity cost

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.

Which of the following best explains why online retail companies have an advantage over regular stores? a. their employees make less money because they mostly perform unskilled tasks. b. they are able to keep distribution costs low by negotiating deals with shipping companies. c. their transactions require expensive state-of-the-art technological devices. d. they have a larger number of potential customers because people anywhere can buy from them.