Examlex
Explain why entrepreneurs are often viewed as job destroyers.
B. Entrepreneurs tend to develop new and better ways of doing things including the production of existing products. When these new and better ways to produce products replace people with machines, they lead to decreases in employment.
Q6: Long-term unemployment tends to be higher when
Q8: A binding interest rate ceiling will lead
Q14: When business firms become more pessimistic about
Q18: Debt monetization means that a government pays
Q23: What are the components of the National
Q33: Which of the following best defines a
Q64: The United States' shift toward more of
Q71: A small country's aggregate production function per
Q124: Trading in the market for loanable funds
Q139: Explain the impact of discouraged workers on