An example of cyclical unemployment is a(n):
a. textile worker permanently laid off due to job lost to imports.
b. autoworker who is temporarily laid off due to a decline in demand for cars.
c. engineer permanently laid off due to advances in technology.
d. computer programmer who leaves one job and accepts a new job.
b
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Total revenue cannot be derived from the demand curve or a demand schedule.
Answer the following statement true (T) or false (F)
Suppose a permanent increase in demand for the Argentinean peso causes a chronic shortage of this currency in the foreign exchange market. The Argentinean government should then:
a. request other countries to revalue their currency. b. devalue the peso. c. allow the peso to appreciate. d. restricts exports. e. restrict imports.
In 2014, the federal government disbanded the practices of fixed direct payments and countercyclical payments to farmers
Indicate whether the statement is true or false
Based on the table showing poverty for different groups, which racial group has the highest poverty rate?
a. Asians
b. Blacks
c. Hispanics
d. Whites