A discouraged worker is
What will be an ideal response?
not part of the labor force.
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A corn farmer is likely to have a _____________ price elasticity of supply than does a tree farmer due to ________________.
A. more elastic; a more flexible production process B. less elastic; a more flexible production process C. less elastic; a less flexible production process D. more elastic; a less flexible production process
A voter will tend to be more informed if the issue in question
A) affects everyone very little. B) is complicated and difficult to understand. C) has an intense and a direct effect on the voter. D) is of special interest to a small group to which the voter does not belong.
The Chinese protected its automobile industry through restrictive tariffs and quotas. Which of the following BEST describes this practice?
a. antidumping duties b. infant industry protection c. voluntary export restraints d. price discrimination
Answer the following questions true (T) or false (F)
1. If you purchase a share of stock from your friend who initially purchased the stock three years ago, your purchase of the stock represents a transaction in the secondary financial market. 2. Direct finance includes the sale by a corporation of stocks or bonds, but does not include borrowing money from a bank. 3. You purchase a share of Facebook stock from a friend who purchased the stock 1 year ago. Your purchase of the stock represents a transaction in the primary financial market.