Unemployment benefits are paid only if a person's income from all sources and assets is below a certain level.
Answer the following statement true (T) or false (F)
False
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Suppose an economy has the following characteristics: 100 people in the noninstitutional population; 60 people employed; 20 people not in the labor force. How many people are in the economy's labor force?
A) 20 B) 40 C) 60 D) 80 E) 100
When the Federal government uses taxation and spending actions to stimulate the economy it is conducting:
a. Employment policy b. Monetary policy c. Fiscal policy d. Incomes policy
A firm is considering three projects. Each costs $1 million now. Project A will yield $400,000 a year for three years, beginning one year from now. Project B will yield $1.25 million three years from now, and Project C will yield $600,000 for two years, beginning two years from now. If the interest rate is 8 percent, which of these projects should the firm undertake?
A. Project A B. Project B C. Project C D. none of these
Governments often ________ activities that generate external ________.
A. subsidize; costs B. tax; benefits C. simultaneously tax and subsidize; costs D. subsidize; benefits