Purchasing power parity means equal rates of return
Indicate whether the statement is true or false
FALSE
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Which of the following people would be considered unemployed?
A) Sam, a part-time worker who wishes to work full time B) Pat, who gave up looking for a job because he was discouraged about his job prospects C) Victoria, who does not have a job and has been actively searching for work, but turned down a job paying less than she desired D) Shirley, who is working but expects to be laid off at the end of the month E) Bobby, a full-time student in his last term before he graduates and who has not yet started to look for a job
The same tools that were intended to allocate funds and spread risk more efficiently in the housing market made it:
A. easier to keep everyone fully informed. B. more difficult to keep everyone fully informed. C. easier to understand the true risk involved with these assets. D. more difficult to justify buying mortgage-backed securities over other low-risk assets.
Proponents of a balanced budget amendment argue that the private advantages that each of us realizes from spending on our government programs are paid for almost entirely by other taxpayers
a. True b. False Indicate whether the statement is true or false
Diseconomies of scale are caused by the law of diminishing marginal returns.
Answer the following statement true (T) or false (F)