If, over time, a greater proportion of the labor force is comprised of middle-aged individuals, one would expect the natural rate of unemployment to rise
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
When the government intervenes in markets with externalities, it does so in order to
a. increase production when negative externalities are present. b. protect the interests of bystanders. c. make certain all benefits are received by market participants. d. reduce production when positive externalities are present.
Suppose you have one hour to catch a flight to Miami for spring break, and it takes 45 minutes to drive to the airport. Your car is almost out of gas and the price of gas at the closest gas station is higher than at other gas stations that are much farther away. To you, the price elasticity of demand for gas is likely to be ________ than it would be if you had several hours before the flight.
A. lower B. more variable C. no different D. higher
Income elasticity of demand is defined as
A) the change in income divided by the change in quantity. B) the change in price divided by the change in income. C) the percentage change in demand divided by the percentage change in income. D) the change in income multiplied by the change in quantity.
If a firm raises funds by recruiting additional owners to invest in the firm,
A) the firm's stock price would decrease. B) the firm's financial capital would increase. C) the firm's financial capital would decrease. D) the firm's net worth would decrease.