If there is an increase in the number of discouraged workers in a country, ________
A) the unemployment rate will decrease B) the labor force participation rate will increase
C) the unemployment rate will increase D) the labor force participation rate will decrease
D
You might also like to view...
Most economists generally argue ________ trying to block technological advances because these technological advances ________.
A. in favor of; increase wage inequality B. against; are necessary for improved standards of living C. in favor of; cause the economy to grow to rapidly D. against; promote wage equality
When a group of countries agree to share a common currency, they are said to have formed a
A) currency union. B) welfare state. C) monetary alliance. D) monetary cartel.
Suppose that the United States imposes a tariff of $500 per car on Japanese cars. The most likely effect will be to increase the price of cars in the United States by:
A) less than $500 per car, and decrease the price of cars in Japan by less than $500 per car. B) $500 per car. C) more than $500 per car. D) less than $500 per car without affecting the price of cars in Japan.
formula of real GDP
What will be an ideal response?