Which of the following offers an example of structural unemployment?
A. The rise in unemployment for stable workers after the development of gasoline-powered automobiles and the resulting long-term decline in horse-and- buggy transportation.
B. The rise in unemployment among farm workers after harvest.
C. The unemployment associated with workers changing jobs.
D. The increase in unemployment during recessions.
Answer: A
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Which of the following is not true when there is an inflationary gap?
a. Real output exceeds the natural level of real output b. Employment exceeds full employment. c. Unemployment exceeds the natural rate of unemployment. d. All of the above are not true when there is an inflationary gap.
Hector has $2,000 a month to spend on clothing and food. The price of clothing is $50 and the price of food is 20. The clothing and food pairs in Hector's choice set include ________ units of clothing and ________ units of food.
A. 40; 100 B. 16; 60 C. 100; 100 D. 30; 50
When CSU sophomore Cody Clow and his housemates chose not to heed the city's ordinance against unreasonable noise and host a loud party at their off-campus residence last fall, they were confronted and ticketed by police
Fort Collins city code describes unreasonable noise as any sound that will "unreasonably interfere with the enjoyment of life or property." What is TRUE about this situation? A) Marginal external costs are positive. B) Marginal external costs are negative. C) Marginal external benefits are positive. D) Marginal external benefits are negative.
The quoted in the textbook study of consumer behavior at Starbucks company stores demonstrated that including calorie count on menus had no impact on consumer behavior
Indicate whether the statement is true or false