If an increase in the price of one good causes the demand curve for another good to shift to the right, then the two goods are:
A. substitutes.
B. complements.
C. normal.
D. unrelated.
A. substitutes.
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Which of these persons is not investing in human capital?
A) A business student studying accounting B) A teenager who stays with a job she dislikes in order to obtain a favorable recommendation from the employer when she leaves C) A professional boxer lifting weights D) A student purchasing shares of stock in a computer software manufacturer E) An aspiring opera singer taking courses in conversational Italian
Someone who has been temporarily laid off and is looking for work in the meantime is known as a ______.
a. job loser b. job leaver c. reentrant d. new entrant
Public education in the United States is
A) subsidized mainly by state and local governments. B) funded by the federal government only. C) paid for mostly by the parents of students. D) paid for through the Social Security program.
A Federal budget deficit exists when:
A. Federal government assets are less than liabilities in a given year B. Federal government spending exceeds tax revenues in a given year C. Federal government spending is increasing in a given year D. Federal government taxation is decreasing in a given year