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18. Which of the following is not an economic resource? a. Land b. Labor c. Capital d. Entrepreneurship e. Money 19. Unemployment is best described

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18. Which of the following is not an economic resource? a. Land b. Labor c. Capital d. Entrepreneurship e. Money 19. Unemployment is best described as a. A rise in the price level b. The total number of people who are currently unemployed C. The total number of people who are not currently employed but are actively looking for work. d. The labor force plus the total number of people looking for pay. e. What is experienced by anyone who is looking for a job. 20. Economists believe which of the following is a desirable goal for an economy? a. Deflation b. Inflation c. Depressions d. Price stability e. Recessions 21. A production possibilities curve with consistent opportunity cost has which of the following shapes? Inflated b. Linear C. Inverted d. Deflated None of the above 22. A production possibilities curve with increasing opportunity cost has which of the following shapes? a. Deflated b. Linear c. Inflated d. Inverted e. None of the above

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