If a person did any work as a paid employee during the Bureau of Labor Statistics survey reference week, how is she classified?
A) as an employed person
B) as not in the labor force
C) as an unemployed person
D) as part of the labor force
E) ?a and d
E
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Deflation is a situation in which the:
A. prices of most goods and services are rising over time. B. quantity of goods and services produced is increasing over time. C. prices of most goods and services are falling over time. D. quantity of goods and services produced is decreasing over time.
Countries with a relatively high stock of skilled labor will have a comparative advantage in producing goods that require relatively larger quantities of skilled labor
a. True b. False Indicate whether the statement is true or false
Why are international investors who have invested in developing nations favoring foreign direct investment and portfolio investment over loans?
A. It is illegal for banks to make loans to foreign firms. B. The process of making loans is usually more difficult for investors to do than foreign direct and portfolio investment. C. Investors have an aversion to owning dead capital and want to make sure that the resources they own do not become dead capital. D. The interest rate charged on the loans is usually lower than what can be earned in the U.S.
Refer to the information provided in Figure 2.5 below to answer the question(s) that follow. Figure 2.5Refer to Figure 2.5. The best point for society would be
A. either Point B or Point C, as the total amount being produced at either of these points is approximately the same. B. at any of the labeled points, as all of the points represent an efficient allocation of resources. C. Point C, as at this point there are approximately equal amounts of LCD and OLED televisions being produced. D. indeterminate from this information, as we don't have any information about the society's desires.