The granting of small, unsecured loans to small businesses and entrepreneurs is known as
A. Growth finance.
B. Long-term finance.
C. Microfinance.
D. Extreme finance.
Answer: C
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If we include consideration of potential effects of a proposed tax reduction and simplification on the labor supply, we would expect crowding out of investment and net exports brought about by the tax cut to be
A) increased as aggregate real income and output rise in the long run. B) unaffected by the shifting long-run aggregate supply curve. C) dependent upon the impact of this tax change on consumer disposable income. D) less than it would be without the supply-side effects.
American union membership as a percentage of the total nonfarm labor force reached its peak in
a. 1900 b. 1910 c. 1920 d. 1930
A price ceiling placed on a market for rental apartments is called
a. rent control b. rent subsidy c. apartment subsidy d. public housing e. public supplement
The adult population in the town of Shelbyville is 150 thousand. If 100 thousand people are employed and 20 thousand are unemployed, then the labor force participation rate is approximately
a. 67%. b. 80%. c. 16%. d. 13%.