Which of the following best describes how the U.S. Department of Labor treats discouraged workers in its calculations?
a. They are counted as unemployed members of the labor force.
b. They are counted as unemployed but not as members of the labor force.
c. They are not counted as unemployed but are counted as members of the labor force.
d. They are not counted as unemployed or as members of the labor force.
d. They are not counted as unemployed or as members of the labor force.
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For how long does a patent give a firm the exclusive legal right to a product?
A) 10 years B) 17 years C) 20 years D) 50 years
How do constraints on monetary policy in the United States differ from those experienced by euro zone countries?
What will be an ideal response?
Which of the following correctly describes a foreign exchange market?
a. A place where foreign goods are bought and sold in any country b. A market in which foreign tourists can buy domestic goods c. A global market in which people exchange one currency for another d. A place where contracts to deliver agricultural products across countries are exchanged e. A market where the central banks of different countries exchange government bonds
A decrease in long-run aggregate supply increases the value of real GDP at the natural rate of unemployment for all price levels
a. True b. False Indicate whether the statement is true or false