The Bureau of Labor Statistics' U-5 measure of joblessness is the official unemployment rate

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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In an article, "Preparing for the Next Black Swan" (Wall Street Journal, Aug 21, 2010), the point is made that diversification may be insufficient in protecting one's portfolio during a "Black Swan" event. Why may this be true?

A) virtually all asset classes may decline at the same time B) investors may be unable to buy different assets during a "Black Swan" event C) some assets may rise while others decline during a "Black Swan" event D) Black Swan events are surprises and thus one cannot prepare for such an event.

Economics

Goods are distributed among people by means of:

a. a central authority b. prices c. markets d. all of these

Economics

Which of the following taxes tend to make income distribution in the United States more equal?

a. sales (i.e., excise) taxes b. personal income taxes c. payroll taxes d. All of the above are correct.

Economics

A surplus will occur whenever:

a. The supply curve is upward sloping b. supply equals demand c. Price is set above the equilibrium price d. Price is set below the equilibrium price

Economics