E. Job seekers incur transaction costs. . Social costs of unemployment do NOT include A. Disruption of family structures. The value that the workers could have produced. C. Loss of self confidence by workers laid off. D. Increases in disease and suicide rates.
Inflation refers to A. Unsustainable economic growth.
B. Increases in the average price level. Only sustained increases in a price index. Any increase in the price of any good. The CPI, PPI, and the GDP Deflator are different A. Names for the same price index. B. Estimates of changes in price levels.