Unit 4 Milestone.pdf - Sophia Welcome Score 15/20 You...

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6/21/2020 Sophia :: Welcome UNIT 4 — MILESTONE 4 Score 15/20 You passed this Milestone 15 questions were answered correctly . 5 questions were answered incorrectly . 1 Which statement below regarding welfare analysis is NOT true? We can use it to determine potential benefits of certain policies. It gives us clear-cut rules for knowing when costs outweigh benefits. It allows us to analyze the effects of public policy by evaluating consumer and producer surplus. We still need to exercise our judgment when analyzing these effects.
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CONCEPT Welfare Analysis 2 When a business owner uses process mapping, an activity is marked by __________.
6/21/2020 Sophia :: Welcome an oval a diamond CONCEPT Process Mapping--Efficiency 3 Choose the example below that is a coincidence indicator. Laffer Curve Unemployment rate Weekly jobless claims Consumer confidence index CONCEPT Coincident Indicators 4 Sarah is a great teacher; however, she struggles with the technology used by potential students and school districts, and thus is not able to find work. Sarah's type of unemployment is considered __________.
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6/21/2020 Sophia :: Welcome frictional CONCEPT Assessing Costs of Unemployment--Labor Economics 5 Which one of the answers listed is NOT a reason why businesses have been slow to adopt sustainable practices in regard to unemployment?
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