What is causing South Africa’s youth unemployment problem?
a. Inability to devalue its currency
b. High number of laws restricting hiring and firing
c. High current account deficit
d. Youth lack necessary work skills.
d. Youth lack necessary work skills.
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If the government proposed a one-time tax of 25% on accumulated wealth, this would likely
A) reduce the incentive for individuals to accumulate wealth. B) increase the incentive for individuals to accumulate wealth. C) have no impact on individual accumulation of wealth since it is a one-time tax. D) All of the above are equally likely to happen.
Domestic agricultural subsidies intended to support the nation's farmers would not be considered a trade barrier so would not be disputed internationally
Indicate whether the statement is true or false
"Discouraged workers" comprise the percentage of those in the: a. labor force who are employed and are seeking employment
b. labor force who have chosen early retirement because they dislike their work. c. adult population who want to be employed but have given up the search for a job. d. labor force who are looking for a job but cannot find one. e. adult population who are in the labor force.
The modification of manufacturing processes so as to reduce the resulting environmental damage is an endeavor that requires capital investment, labor inputs, and technology. What then follows from this statement?
A. Environmental damage is a regrettable but necessary side effect of economic growth. B. The way to reduce pollution is to educate people about its effects. C. The condition of the environment will be better in slower-growing countries. D. Economic growth can benefit the environment.