Comparing factors that affect unemployment rates among modern industrial nations,
A. Germany and French workers can collect nearly 60 percent as much as they could earn working, thus discouraging the incentive to work.
B. Japanese and American unemployment benefits are 70 percent as much as workers could earn working, thus encouraging the incentive to work.
C. Over 90 percent of Japanese and American workers easily qualify for unemployment benefits.
D. Less than 50 percent of German and French workers qualify for unemployment benefits.
A. Germany and French workers can collect nearly 60 percent as much as they could earn working, thus
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The rate of unemployment is found by
A) dividing the number unemployed by the number of people in the labor force. B) dividing the number employed by the number of people in the labor force. C) dividing the number unemployed by the number employed. D) dividing the number employed by the number unemployed.
Calculate the income elasticity of demand for DVDs, where a 10 percent increase in income results in a 20 percent increase in the demand for DVDs. Decide from your answer, whether DVDs are normal or inferior goods
If the closing price of a stock traded on a particular day is $46 per share, and the dividend paid is $2.84 per share
Fill in the blunk(s) with the appropriat word (s).
Why does an economist create a market demand curve?
(A) To show how various conditions can change the demand for a good. (B) To learn what demands the market will make under unusual conditions. (C) To have an idea of how a market would change if conditions in an area changed. (D) To predict how people will change their buying habits when prices change.