The job finding rate is defined as
A) the probability that someone who has been unemployed for over a year will find a job in the next month.
B) the probability that someone who is not in the labor force will enter the labor force in the next month.
C) the probability that someone who is employed will change jobs in the next month.
D) the probability that someone who is unemployed will find a job in the next month.
D
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Refer to Figure 26-6. In the figure above, if the economy is at point A, the appropriate monetary policy by the Federal Reserve would be to
A) raise interest rates. B) raise income taxes. C) lower income taxes. D) lower interest rates.
All of the following are reasons countries may be unable to use discriminatory trade practices to enforce labor standards EXCEPT
A) in order to be effective a coalition of countries must join together to impose them. B) countries can never impose trade barriers on other sovereign nations. C) the WTO requires nations to treat other nations the same. D) a single country may be unsuccessful in convincing members of its trading block to participate in imposing the sanctions. E) retaliation or a full blown trade war might result.
The United States has free trade agreements with what countries?
a. Canada and Mexico b. Canada, Mexico, Great Britain c. Canada, Israel, Jamaica, Bahamas d. Canada, Mexico, Israel
Which of the following would not be a government transfer expenditure?
A. contribution of employers to support the Social Security program B. social security payments to the aged C. unemployment compensation benefits D. payments to the widows of war veterans