Someone was just laid off from a job. Given what you know about the unequal distribution of civilian unemployment, to which of the following groups does this person most likely belong?
A. white male with a bachelor's degree
B. African American female with a bachelor's degree
C. Hispanic female with a high school diploma
D. African American male teenager with less than a high school diploma
Answer: D
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When the difference between potential GDP and actual GDP increases, the nation usually suffers from increased inflation
a. True b. False Indicate whether the statement is true or false
What will most likely happen to the standard of living in a country that achieves sustained economic growth through increased productivity?
a. It will initially decrease and then increase. b. It will decrease. c. It will remain unchanged. d. It will increase.
If the prices paid by farmers increase and the prices received by farmers decrease, then the parity ratio:
A. will necessarily decrease. B. will necessarily increase. C. may either increase or decrease. D. will be unaffected.
Number of FigsVCMCAVCFCTCATC0???100??19090????2?????1353??80???4????400?
Table 5.4 presents the cost schedule for David's Figs. If David produces two figs, David's average variable costs are:
A. $80. B. $85. C. $90. D. $170.