River City has a working age population of 20 million. Of those, 11 million are employed and 1 million are unemployed. The unemployment rate is ________ and the participation rate is __________.
A. 5%; 60%.
B. 5%; 55%.
C. 8.3%; 55%.
D. 8.3%; 60%.
Answer: D. 8.3%; 60%.
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Which of the following is likely to happen if the government of a country introduces a subsidy on job creation?
A) The labor demand curve shifts to the right. B) The labor supply curve shifts to the right. C) The labor supply curve shifts to the left. D) The labor demand curve shifts to the left.
Everything else held constant, an increase in the required reserve ratio will mean ________ in the M2 money multiplier and ________ in the M2 money supply
A) an increase; an increase B) an increase; a decrease C) a decrease; an increase D) a decrease; a decrease
Medicare provides health care to _____
a. the elderly b. the needy c. the widowed d. the orphaned
Enlarging the number of grades a school will serve may reduce the amount of school segregation
Indicate whether the statement is true or false