A high rate of black male joblessness
A. has not existed since the Great Depression.
B. has developed just since the 2001 recession and the subsequent "jobless recovery."
C. has been very serious problem for at least a decade.
D. never existed.
C. has been very serious problem for at least a decade.
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If an airline company has several empty seats on a flight and the full price of an air ticket is $500 and the marginal cost per passenger is $100, then it will be profitable for the airline to
a. charge a stand-by passenger no less than the full fare of $500. b. charge a stand-by passenger less than $100. c. charge a stand-by passenger more than $500. d. charge a stand-by passenger more than $100. e. fill the seats at the last minute for any price.
The president of the ________________________ holds a permanent seat on the FOMC
A) United States B) Federal Reserve District Bank of New York C) Federal Reserve District Bank of San Francisco D) U.S. Senate banking committee E) none of the above
Holding other factors constant, if oil prices rise relative to the prices of other products, then the real wages of oil workers will ________ and employment of oil workers will ________.
A. decrease; not change B. decrease; increase C. increase; increase D. increase; decrease
Labor income in the U.S. equals approximately ________ of GDP.
A. two fifths B. one third C. one half D. two thirds