Economists at the Congressional Budget Office estimated that for 2015, the U.S. natural rate of unemployment was about 4.9 percent
a. True
b. False
Indicate whether the statement is true or false
True
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Explain the case for land reform in Latin America. Are there any potential negative effects? What steps could be taken to address these effects?
What will be an ideal response?
The long-run aggregate supply curve is influenced by:
A) resources available. B) efficiency levels. C) level of technology. D) all of the above.
The school of thought that emphasizes the possibility that an economy can be in equilibrium at less than full employment with inflation and argues that by managing aggregate demand, government can achieve the most acceptable combination of unemployment and inflation is the
a. Keynesian b. neo-Keynesian c. monetarist d. supply-side school e. rational expectations school
Why is it NOT surprising that men make up the minority of college graduates?
a. Because of discrimination against women, men are able to get good jobs with only a high school degree. b. Men are smarter than women and they do not need a higher education to be attractive to employers. c. Given their greater physical strength, many men accept high-paying but physically demanding jobs instead of going to college. d. Many men decide to pursue jobs in professional sports and this significantly reduces the number of males who go to college.