Which one of the following would be classified as employed?
a. a parent who works 50 to 60 hours per week caring for family members
b. an construction worker vacationing in Florida who is on layoff due to bad weather conditions in his home state
c. a 21-year-old full-time college student
d. a 17-year-old high school student who works a newspaper route six hours per week
D
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The theory of portfolio choice suggests that the most important factor affecting the demand for domestic and foreign assets is the ________ on these assets relative to one another
A) interest rate B) risk C) expected return D) liquidity
Which statement about a market demand curve is true?
a. A market demand curve fails to reflect positive externalities. b. A market demand curve reflects both positive and negative externalities. c. A market demand curve reflects social benefits but not private benefits. d. A market demand curve fails to reflect private benefits.
State and local government spending has _______________ during the last four decades.
a. decreased b. remained flat c. increased d. stabilized
Central banks can increase the money supply by:
a. Making discount loans. b. Selling government securities. c. Selling foreign exchange. d. Raising margin requirements. e. All of the above.