Suppose a 23-year old graduate student is looking for a full-time job , but has to take a part-time job instead. He or she will be categorized in the Current Population Survey as ________ when calculating the unemployment rate
A) employed
B) a discouraged worker
C) not in the labor force
D) unemployed
E) underemployed
A
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An increase in the perceived riskiness of Company A stock ________ the risk premium investors require to purchase Company A stock and ________ the price of Company A stock.
A. decreases; increases B. decreases; decreases C. increases; increases D. increases; decreases
Unemployment compensation, by ________ layoffs at firms whose sales have declined, ________ the natural rate of unemployment
A) encouraging, raises B) encouraging, lowers C) discouraging, raises D) discouraging, lowers
Increases in __________ have been responsible for most of the economic growth in the U.S. over the last 50 years
a. imports. b. productivity. c. average hours. d. the employment-to-population ratio. e. tax revenues.
U.S. antitrust laws view monopolies as undesirable because
A. monopolies restrain trade and promote inefficiencies. B. monopolies create inferior products. C. monopolies produce only cheap, low quality goods. D. monopolies produce only capital goods.