Average & Total Cost, Application of Economics & Income Inequality Mcqs


Q.  A period of unemployment due to recession will ?

a. increase a worker’s current income and permanent income
b. reduce a worker’s current income but not necessarily their permanent income
c. affect neither the current nor the permanent income of a worker
d. reduce a worker’s permanent income but not their current income


ANSWER: See Answer
 
No explanation is available for this question!
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