According to the following information, what is the unemployment rate? Number of Employed: 1800 Number of Unemployed: 200 Not in the Labor Force: 600
a. 10%
b. 12%
c. 14%
d. 20%
a. 10%
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In a crop market with a price support above the equilibrium price, the total amount of the subsidy paid to farmers is equal to the
A) quantity of the surplus crop multiplied by the support price. B) quantity of the crop produced multiplied by the support price. C) quantity of the crop purchased by domestic users multiplied by the support price. D) quantity of the surplus crop multiplied by the equilibrium price. E) quantity of the crop purchased by domestic users multiplied by the equilibrium price.
A study by economists at the International Monetary Fund compared increases in inflation rates in countries with and without specific inflation targets based on the surge in oil prices in 2007. The results provide
A) no evidence that countries with specific inflation targets were any better off than countries without specific inflation targets. B) evidence that countries with specific inflation targets actually experienced greater increases in inflation than did countries without specific inflation targets. C) evidence that countries with specific inflation targets did experience lower increases in inflation than did countries without specific inflation targets. D) evidence that countries with specific inflation targets experienced no increases in inflation, whereas countries without specific inflation targets experienced significant increases in inflation.
Based on export ratios, which of the following countries is closest to being a closed economy?
A. Saudi Arabia. B. Samoa. C. Belgium. D. China.
The presence of a term spread that is usually positive indicates that:
A. bonds of similar risk but with different maturities are not perfect substitutes. B. we should expect the yield curve to usually slope downward. C. we should expect the yield curve to usually be flat. D. the yield curve always slopes upward.