MICRO ECON UNIT 4 MILE 4.pdf - Sophia Welcome Score 19/20...

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1/3/2021 Sophia :: Welcome UNIT 4 — MILESTONE 4 Score 19/20 You passed this Milestone 19 questions were answered correctly . 1 question was answered incorrectly . 1 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 __________. structural seasonal cyclical frictional
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CONCEPT Assessing Costs of Unemployment--Labor Economics 2 When do producers benefit from an inelastic supply?
1/3/2021 Sophia :: Welcome When a subsidy is provided When a tax is imposed
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Which of the following best describes externalities?
CONCEPT Details on Regulatory Intervention and Market Failure 4 In a pure market economy, public goods ___________. tend to be under-provided are sold at a higher price than private goods are over-provided, because the government is not involved in the economy
1/3/2021 Sophia :: Welcome are provided by the government CONCEPT Comparative Economic Systems 5 Which of the following examples would correspond with a principal-agent problem?
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