The highest measured rate of unemployment in the United States occurred during
A) the post-WWII years.
B) the Panic of 1893.
C) the Carter administration.
D) the Great Depression.
D
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If unions are successful at increasing union wages, it will a. increase wages and employment in the union sector
b. increase wages and decrease employment in the union sector. c. increase wages and employment in the non-union sector. d. increase wages and decrease employment in the non-union sector.
What is the relationship between real interest rates and investment, other things being equal?
a. No apparent relationship b. A quadratic relationship c. A positive relationship d. A negative relationship
The condition in an economy that makes a "rationing device" a necessity is:
A) the economy is organized around free markets. B) the economy is centrally planned by the government. C) scarcity exists. D) there are fewer types of goods than there are people in the economy.
Which of the following statements is true?
A. Out-of-pocket spending has been rising as a share of the total. B. The uninsured tend to have above-average incomes. C. HMOs have all but disappeared as types of insurance. D. The uninsured often have problems accessing appropriate care.