Marginally attached workers
A. are not looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months.
B. don't have jobs and are pessimistic about their chances of finding a suitable job.
C. have a bad attitude towards work.
D. are working part-time, but they want full-time work.
Answer: A
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Fiscal policy refers to changes in
A) the money supply and interest rates that are intended to achieve macroeconomic policy objectives. B) federal taxes and purchases that are intended to fund the war on terrorism. C) state and local taxes and purchases that are intended to achieve macroeconomic policy objectives. D) federal taxes and purchases that are intended to achieve macroeconomic policy objectives.
Refer to Figure 16-5. In the dynamic model of AD-AS in the figure above, if the economy is at point A in year 1 and is expected to go to point B in year 2, and no fiscal or monetary policy is pursued, then at point B
A) the unemployment rate is very low. B) the economy is above full employment. C) firms are operating below capacity. D) income and profits are rising. E) there is pressure on wages and prices to rise.
The four P's are
a. Price, Product, Psychological, Promotion b. Price, Placement, Psychological, Promotion c. Price, Product, Placement, Promotion d. Price, Product, Psychological, Placement
Which of the following is a similarity between an oligopoly and monopolistic competition? a. Both markets are characterized by mutually interdependent decision making. b. Both markets produce homogeneous products
c. Both markets are controlled by many dominant firms. d. Both markets have firms that compete for market share.