According to this Application, if you are unemployed and if your peer group is also unemployed
A) you may not be as aggressive in searching for work.
B) you have a better chance of finding employment.
C) you will want to find a job quickly to encourage your peer group about employment prospects.
D) you have little chance of finding a job.
A
You might also like to view...
If a 20% increase in price for a good results in a 15% decrease in quantity demanded, the price elasticity of demand is
a. 0.75. b. 1.25. c. 1.33. d. 1.60.
Walter puts money in a savings account at his bank earning 3.5 percent. One year later he takes his money out and notes that while his money was earning interest, prices rose 1.5 percent. Walter earned a nominal interest rate of
a. 3.5 percent and a real interest rate of 5 percent. b. 3.5 percent and a real interest rate of 2 percent. c. 5 percent and a real interest rate of 3.5 percent d. 5 percent and a real interest rate of 2 percent
The monetary policy tools available to the Federal Reserve System include
A) Changes in excess reserve requirements. B) Change the prime interest rate. C) Open market operations. D) None of the above.
________ states that if previously existing distortions exist, a distortionary tax may actually improve efficiency.
A. The rule of reverse distortion B. The benefits-received principle C. The principle of neutrality D. The principle of second best