People who are not employed and are not actively looking for work, because they are fairly certain they could not find a satisfactory job, are counted by the BLS as
A) involuntarily employed.
B) neither employed nor unemployed.
C) unemployed members of the labor force.
D) voluntarily unemployed.
B
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Government subsidized scholarships are an example of a government policy aimed at correcting negative externalities associated with education
a. True b. False Indicate whether the statement is true or false
When General Dwight D. Eisenhower ran for the presidency for the first time, he said he would
A. end the recession and end inflation. B. end the recession and end the Korean War. C. end inflation and end the Korean War. D. end the recession, the Korean War, and inflation.
Increases in the value of a product to each user, including existing users, as the total number of users rises are called:
A. information cascades. B. network effects. C. scale economies. D. learning effects.
Suppose that 2012 is the base year and the price deflater in 2016 is 104.5. Considering this, how are the prices in 2016 different from the price in 2012?
a. The 2016 prices are about 4.5 percent lower than the 2012 prices. b. The 2016 prices are about 104.5 percent lower than the 2012 prices. c. The 2016 prices are about 4.5 percent higher than the 2012 prices. d. The 2016 prices are about 104.5 percent higher than the 2012 prices.