The labor force participation rate is
a. the portion of the working-age population that is actively in the labor market
b. the portion of the labor force that is employed
c. the portion of the working-age population that is working
d. the portion of the working-age population that would work if jobs were available
e. none of the above
A
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a. refers specifically to ethanol (10) b. includes enhanced oxygen to enhance combustion c. refers to formulations that release less hydrocarbons, toxics, and CO than conventional gasoline d. includes large amounts of MTBE
Why is a bond considered to be a loan but a share of stock is not?
What will be an ideal response?
Which of the following is false?
A) International differences in tastes, if sufficiently large, could overturn the comparative advantage predictions of the HO model. B) The classical and HO models make similar assumptions about international differences in technology. C) The HO model predicts that some groups will be hurt by international trade. D) Both the classical and the HO models predict that countries gain from international trade.
A perfectly competitive industry's market price is found by
A. finding the point on the market demand curve where the largest number of units will be purchased. B. identifying the price at which each firm realizes its largest economic profit. C. the horizontal summation of all the industry firms' individual supply curves. D. locating the intersection of the market demand and market supply curves.