People who have dropped out of the labor force and who are no longer looking for a job because they believe the job market has little to offer them are classified by the Labor Department as
A) discouraged workers. B) wage-rate busters.
C) unemployed. D) non-participants.
A
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If autonomous investment increases by $200 billion and the marginal propensity to consume (MPC) is 0.5, then
A) real Gross Domestic Product (GDP) will rise by $100 billion. B) real Gross Domestic Product (GDP) will rise by $200 billion. C) real Gross Domestic Product (GDP) will rise by $400 billion. D) real Gross Domestic Product (GDP) will decrease by $100 billion.
The new Consumer Financial Protection Bureau is an independent agency but is funded and housed within
A) the Treasury Department. B) the Federal Reserve. C) the SEC. D) the IRS.
As a result of moving more decision making from the center toward the periphery of the organization, typically
a. the flow of information to the decision maker that is relevant to the decision should be enhanced b. the flow of information from the decision maker that is relevant to the decision should be enhanced c. the incentives to make good decisions should be strengthened d. the incentives to make good decisions should be weakened
If the U.S. dollar depreciates relative to the Swiss franc, then
a. Swiss goods become more expensive in the U.S. b. U.S. goods become more expensive in Switzerland c. Swiss investors will pay more Swiss francs to buy each U.S. dollar d. the U.S. will import more from Switzerland e. the U.S. dollar-Swiss franc exchange rate will decrease