Which of the following explain the natural rate of unemployment?
i. job search
ii. the Okun Gap
iii. the production function
A) iii only B) ii and iii C) i and ii D) i and iii E) i only
E
Economics
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One year ago Sam purchased bonds for $100,000 . He just sold them for $120,000 . During the year the price level rose by 5%. If the tax rate on capital gains is 20%, how much did Sam gain in real terms?
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Which one of the following goods can be considered a global commons?
a. A National Park b. A river c. An ocean d. A herd of deer e. A diamond mine
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Common property is
A) an externality. B) a social cost. C) property that is owned by everyone and therefore by no one. D) any resource that is free for the user.
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