Given the information below for a simple economy: Total population 20,000 Working-age population 15,000 Employment 1,000 Unemployment 100 the unemployment rate for this simple economy equals
A. (100/1,000) × 100.
B. (100/1,100) × 100.
C. (100/15,000) × 100.
D. (100/20,000) × 100.
Answer: B. (100/1,100) × 100.
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The yield to maturity for a discount bond is ________ related to the current bond price
A) negatively B) positively C) not D) directly
Gross Domestic Product is best defined as
A. the total market value of all final goods and services that exist in an economy at a given point in time. B. the total market value of all intermediate goods and services produced during a year by factors of production located within a nation's borders. C. the value added to all goods produced in an economy during a year. D. the total market value of all final goods and services produced during a year by factors of production located within a nation's borders.
Assume that there is a supply and demand market for non-preferred workers. If prejudice against these workers among employers increases, then there will be a(n):
A. Increased supply of these workers, a rise in their wage rate, and a decrease in their employment B. Increased demand for these workers, a rise in their wage rate, and an increase in their employment C. Decreased supply of these workers, a fall in their wage rate, and a decrease in their employment D. Decreased demand for these workers, a fall in their wage rate, and a decrease in their employment
When whites are murdered, it is typically at the hands of
A. the races in rough proportion to their population. B. an equal division of blacks and whites. C. other whites. D. blacks.