The civilian labor force includes
A) The number of people in the Armed Services.
B) The number of employed persons.
C) The number of employed and unemployed persons in the economy.
D) None of the above.
Answer: C
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If all goods are essential, a consumer will optimize at an interior solution.
Answer the following statement true (T) or false (F)
U.S. Treasury deposits at the Fed are
A) part of M1, M2, and M3. B) part of M1 and M2. C) part of M1. D) not part of the money supply.
Which of the following generates demand for foreign currencies?
A. Imports of foreign goods by firms located in the United States. B. The building of plants by foreign corporations in the United States. C. Exports from the United States to foreign countries. D. Foreign tourists traveling to the United States.
An example of a situation in which the social costs are greater than the private costs would be
A. a physician who cannot examine patients with a stethoscope in an examination room adjacent to an airport. B. a new restaurant takes business away from an established restaurant. C. hand-held calculators putting slide rule manufacturers out of business. D. when a member of a rock band's ability to hear deteriorates from performing in so many loud concerts.