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
Q1: Harry's Pepperoni Pizza Parlor produced 10,000 large
Q2: Unemployment describes the condition where
A) equipment and
Q4: Which of the following statements is accurate
Q5: Macroeconomics is mostly focused on
A) the individual
Q6: Why are economists concerned about inflation?
A) Inflation
Q7: Inflation is defined as
A) a general increase
Q8: Before the period of modern economic growth,
A)
Q9: Which of the following is most closely
Q10: Modern economic growth refers to countries that
Q11: Harry's Pepperoni Pizza Parlor produced 10,000 large
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