A large number of underemployed workers indicates that there is a problem in the economy because underemployment means that
A. seasonal employees work only part of the year.
B. many people have stopped looking for work.
C. some workers are taking time off between jobs.
D. there are not enough jobs for qualified people.
D. there are not enough jobs for qualified people.
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Suppose that someone deposits $10,000 into a bank. Assuming a reserve requirement ratio of 20 percent, what will be the eventual increase in checking account balances?
What will be an ideal response?
The Fed buys $20,000 of government securities. The desired reserve ratio is 5 percent and the currency drain ratio is zero. What will be the change in the quantity of money?
A) $400,000 B) $20,000 C) $19,000 D) $5,000 E) $399,980
_________ can cloud the ability to make decisions or to accept decisions once they are made
a. Procrastination b. Integrity c. Self-doubt d. Boredom
A manager believes there is a 10 percent chance their firm will have to pay $500,000, a 20 percent chance that they will have to pay $400,000 and a 70 percent chance they will be found innocent and pay nothing except the legal fees of $100,000. If the manager chooses to not enter into the litigation and to settle for $230,000 (pay the plaintiff), which of the following is true?
A) The manager is risk intolerant. B) The manager is a risk lover. C) The manager is risk neutral. D) The manager is risk averse.