Multiple Choice
Why are high rates of unemployment of concern to economists?
A) Higher rates of unemployment generally lead to higher inflation rates.
B) Environmental destruction is more prevalent when unemployment rates are high.
C) There is lost output that could have been produced if the unemployed had been working.
D) All of these options are reasons why economists are concerned about high unemployment rates.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The "sticky price" model is the only
Q30: Which of the following is most closely
Q78: Negative demand shocks have a more significant
Q79: Which among the following countries had the
Q81: Milk prices tend to be stickier than
Q81: (Consider This) If a farmer purchases 10
Q84: (Consider This) The U.S.recession that occurred in
Q85: Investment happens when<br>A) current income is greater
Q86: One major reason for sticky prices could
Q198: Decisions about saving and investment are<br>A) generally