The table that summarizes the percent of the unemployed who have been unemployed for different lengths of time is called:
A. the duration of unemployment.
B. the labor force participation rate.
C. structural unemployment
D. natural rate of unemployment.
Answer: A
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Answer the following statement(s) true (T) or false (F)
1. According to the textbook application, the automobile industry and the state of California worked together to solve the state’s urban smog problem. 2. Title IV of the 1990 Clean Air Act Amendments uses tradeable allowances to control sulfur dioxide emissions. 3. Under the Clean Air Act, the major groups of air pollutants being controlled are natural pollutants, hazardous air pollutants, and greenhouse gases. 4. In the United States, seven criteria pollutants have been identified through criteria documents. 5. Among the criteria pollutants identified in the United States is carbon dioxide.
The vicious cycle of poverty is characterized by
a. low factor mobility b. little institutional rigidity c. high capital accumulation d. continual technological change e. all of the above
Examination of data since 1953 indicates that during this period stretching more than half a century, the Phillips curve
A) fails to exist. B) is smoothly upward sloping. C) is smoothly downward sloping. D) slopes smoothly upward at first but then slopes smoothly downward.
Suppose France can produce 9,000 potatoes or 3,000 lemons per day, and that Italy can produce 3,000 potatoes or 3,000 lemons per day. Which of the following statements in this context is true?
a. France has an absolute advantage in producing lemons. b. Italy has a comparative advantage in producing potatoes. c. Italy would be willing to trade one lemon for anything greater than one potato. d. Both countries would be willing to trade at a rate of one lemon for one potato. e. France has a comparative advantage in producing lemons.