Who would the BLS count as unemployed?
A) Anybody over 16 who doesn't have a full-time job
B) Anybody over 16 who doesn't even work odd jobs
C) Anybody under 65 who doesn't have a full time job
D) Anybody, regardless of age, who is seeking work
E) None of the above.
E
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The major provisions of the Competitive Equality Banking Act of 1987 include
A) expanding the responsibilities of the FDIC, which is now the sole administrator of the federal deposit insurance system. B) the establishment of the Resolution Trust Corporation to manage and resolve insolvent thrifts placed in conservatorship or receivership. C) directing the Federal Home Loan Bank Board to continue to pursue regulatory forbearance. D) prompt corrective action when a bank gets in trouble.
The aggregate-demand curve
a) has a slope that is explained in the same way as the slope of the demand curve for a particular product.
b) is vertical in the long run.
c) shows an inverse relation between the price level and the quantity of all goods and services demanded.
d) All of the above are correct.
Recall the Application about running a software programming business to answer the following question(s).The time and invested funds involved in starting a software (app) development business addresses the economic concept of:
A. the marginal principle. B. opportunity cost. C. the real-nominal principle. D. the principle of diminishing returns.
Refer to the information provided in Figure 3.7 below to answer the following question(s).
?Figure 3.7Refer to Figure 3.7. An increase in demand is represented by the movement
A. from D2 to D1. B. along D2 from Point B to Point A. C. from D2 to D3. D. along D2 from Point B to Point C.