In developing countries, economists have found ________ correlation between a person's height and the wages he can earn in the farming sector.
A. a weak
B. a strong
C. an inverse
D. no
Answer: B
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The unemployment rate equals 100 multiplied by the
A) number of people unemployed divided by the number of people employed. B) number of people unemployed divided by the population. C) number of people unemployed divided by the labor force. D) number of people unemployed divided by the working-age population. E) labor force divided by the number of people unemployed.
What is the objective of environmental accounting? Are a country's national accounts likely to show more or less income than with traditional GDP?
What will be an ideal response?
Bonds that pay no periodic (annual) interest are
A) zero-coupon bonds. B) coupon securities. C) perpetuities. D) tax-exempts.
Which of the following strategies that a union might pursue would result in the lowest wage rate for its members?
a. Maximizing the total wage bill b. Maximizing employment of its members c. Restricting union membership severely d. Maximizing the total economic rent obtained by its members