New entrants to the labor force usually account for around ________ percent of the unemployed.
A. 5
B. 25
C. 10
D. 20
Answer: C
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What will be an ideal response?
Which of the following games might a risk-averse person play?
a. a game where she has a 50 percent chance of winning $1 and a 50 percent chance of losing $1 b. a game where she has a 50 percent chance of winning $100 and a 50 percent chance of losing $100 c. a game where she has a 60 percent chance of winning $1 and a 40 percent chance of losing $1 d. a game where she has a 40 percent chance of winning $1 and a 60 percent chance of losing $1
Based on the graph showing a reduction in the growth of the money supply, real wages initially rise because the decrease in inflation rate is ______.
a. too small
b. too slow
c. expected
d. unanticipated
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, as the economy moves from Point E to Point A, the opportunity cost of hybrid cars, measured in terms of motorcycles
A. increases. B. initially increases, then decreases. C. decreases. D. remains constant.