A good that provides external benefits to society has:
a. too few resources devoted to its production.
b. too many resources devoted to its production.
c. the optimal resources devoted to its production.
d. not provided profits to producers of the good.
a
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One criticism of the unemployment rate is that it
A) is a stock measure. B) does not include people who are not working and are not looking for work. C) does not include the number of discouraged workers as unemployed. D) counts a new entrant that is actively seeking work as unemployed.
According to Table 10.1, the unemployment rate for high school dropouts is just under twice that of college graduates for males ages 25-64
Indicate whether the statement is true or false
Airlines are __________ than they were before deregulation
a. more dangerous b. more concentrated c. higher priced d. flying fewer miles e. much more profitable
Which of the following might increase the supply curve of labor?
a. Elimination of discrimination against blacks. b. Elimination of discrimination against females. c. Easing licensing requirements. d. All of these.