Since 1994 the number of people on the welfare rolls has
A. risen substantially.
B. risen slightly.
C. stayed about the same.
D. fallen substantially.
D. fallen substantially.
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Which of the following is a recent trend in the labor market?
A) Low-skilled workers have lost jobs. B) The demand for high-skilled labor has increased as technology has increased. C) The wages of high-skilled labor have decreased. D) The marginal productivity of low-skilled workers has increased.
If the relative market price of producing cotton is more than the opportunity cost of producing it in the South,
(a) the market price of cotton will fall in the long run. (b) producers will increase the supply of cotton in the long run. (c) resources will flow away from the production of cotton, causing the supply of it to decline with the passage of time. (d) the situation will remain unchanged as long as supply and demand remain in balance.
Being poor in a family with children is sufficient qualification for receiving TANF support
Indicate whether the statement is true or false
The unemployment rate equals the number of persons
a. unemployed divided by the number employed. b. unemployed divided by the number in the labor force. c. unemployed divided by the population age 16 and over. d. not working divided by the population age 16 and over.