In the classic underdog story of David and Goliath in the Bi… In the classic underdog story of David and Goliath in the Bible, Goliath, the giant, has defect in eyesight. This is due to: Read Details
Cash transfers for those who lose their jobs and actively se… Cash transfers for those who lose their jobs and actively seek employment Read Details
61. The economist who authored The General Theory (1936), a… 61. The economist who authored The General Theory (1936), arguing that governments in the future would have to practice fiscal and monetary policies was Read Details
Society’s understanding of the best ways to produce goods an… Society’s understanding of the best ways to produce goods and services Read Details
The number unemployed as a percentage of the labor force The number unemployed as a percentage of the labor force Read Details
A sharp reduction in an economy’s total output accompanied b… A sharp reduction in an economy’s total output accompanied by high unemployment lasting more than a year; a severe economic contraction Read Details
36. Market transactions that go unreported, either because t… 36. Market transactions that go unreported, either because they are illegal or because people involved want to evade taxes Read Details
This early American argued that nations must temporarily clo… This early American argued that nations must temporarily close themselves to outside trade in order to develop their own industries, also known as the “infant-industry argument” Read Details
Unemployment that fluctuates with the business cycle, increa… Unemployment that fluctuates with the business cycle, increasing during contractions and decreasing during expansions Read Details