The economic term for a resource that is available for production but is not being utilized is:
A) idle.
B) wasted.
C) inefficient.
D) unemployed.
Correct Answer:
Verified
Q2: Macroeconomics examines:
A) employment, output, and inflation.
B) pricing,
Q3: We study macroeconomics to understand:
A) the types
Q4: The three major macroeconomic problems are:
A) debt,
Q5: The Employment Act of 1946:
A) provides tax
Q6: In the Employment Act of 1946, the
Q8: When economists refer to unemployed resources they
Q9: Which of the following is NOT a
Q10: Unemployment results in an economic loss for
Q11: Which of the following statements about the
Q12: Unemployment is a matter of concern to
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