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The most significant real economic cost of high unemployment is:

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Patrina Schowalter
Patrina SchowalterLv2
16 Mar 2020
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Related questions

The economy of the Gilded Age was characterized by:
Ā 
(i) economic growth and high unemployment among unskilled workers.
(ii) a deep recession in which high unemployment fueled massive and rebellious social change.
(iii) slow economic growth and high unemployment among the middle class.
(iv) rapid economic growth and social change.

1. According to the Economic Way of Thinking, why does cheaper used textbooks raise enrollment at CSULB?
a. Cheaper used textbooks lowers the marginal cost (MC) of attending CSULB.
b. Cheaper used textbooks raises the marginal cost (MC) of attending CSULB.
c. Cheaper used textbooks lowers the marginal benefit (MB) of attending CSULB.
d. Cheaper used textbooks raises the marginal benefit (MB) of attending CSULB.

2. According to the Economic Way of Thinking, why does a high unemployment rate raise enrollment at CSULB?
a. High unemployment lowers the marginal cost (MC) of attending CSULB.
b. High unemployment raises the marginal cost (MC) of attending CSULB.
c. High unemployment lowers the marginal benefit (MB) of attending CSULB.
d. High unemployment raises the marginal benefit (MB) of attending CSULB.

In the economic climate of the 1970s,Ā 

A. Inflation was high and unemployment rates were low.
B. Inflation and unemployment rates were low.
C. Inflation and unemployment rates were high.
D. Inflation was low and unemployment rates were high.

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