The Bureau of Labor Statistics defines marginally attached workers as persons who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the recent past
a. True
b. False
Indicate whether the statement is true or false
True
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Answer the following statements true (T) or false (F)
1) In a Dutch auction, participants only observe a single bid. 2) A participant's optimal bidding strategy is dependent on how the product is valued. 3) In a correlated-value auction, the unknown, true value of the auction item is the same for all bidders. 4) If, in an auction with independent private values, a manager values an item at a price that is lower than the item's expected profit, the manager is risk neutral. 5) If an item being auctioned has independent private values, the expected revenue is the same for all auction types.
In a closed economy, what does (Y - T - C) represent?
a. national saving b. government tax revenue c. public saving d. private saving
An important difference between perfect competition and monopoly is
A. the monopoly faces an inelastic demand curve and the perfect competitor faces an elastic demand curve. B. a monopoly is profitable and a perfect competitor is not. C. a monopoly is not regulated by the market, while a perfect competitor is regulated by the market. D. the monopoly faces a downward sloping demand curve and the perfect competitor faces a horizontal demand curve.
In response to the Paris Agreement on Climate Change of 2015, the U.S. government
A. increased the upper limit on the number of available permits for its nation's large polluters. B. promised to reduce its nation's emissions of greenhouse gases by reducing the use of coal to generate electricity. C. immediately implemented its own cap-and-trade program for greenhouse gas emissions. D. promised to buy greenhouse gas emission permits from developing nations.