Using the table above, the Current Population Survey classifies the group of individuals who are left after subtracting from the total population groups 1, 2, and 3 as
A) unemployed.
B) employed.
C) the working-age population.
D) the labor force.
E) discouraged workers.
C
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Refer to the scenario above. In equilibrium, Beth's payoff is ________
A) $10 B) $0 C) $20 D) $50
The real return of money is
A) 0. B) -r. C) -R. D) -i.
If the federal government runs a budget deficit, but the budget deficit as a percent of GDP is less than the growth rate of real output, the:
a. national debt will decrease as a share of GDP. b. national debt will remain a constant share of GDP. c. national debt will increase as a share of GDP. d. size of the national debt (in dollar value) will decline.
What is causing South Africa’s youth unemployment problem?
a. Inability to devalue its currency b. High number of laws restricting hiring and firing c. High current account deficit d. Youth lack necessary work skills.