How many workers would the firm hire if the wage rate were $200?
Answer: 4
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Medicaid is the most expensive program that the government runs that provides benefits to the poor.
A. True B. False C. Uncertain
To understand why someone cannot get a job, it helps to know the three types of unemployment. List the three types of unemployment and explain what causes each type
What advice for finding a job would be appropriate for someone in each type of unemployment?
Which of the following does NOT affect a worker's marginal productivity?
A) education B) training C) talent D) inheritance of money
An optimal decision is one that chooses
a. the most desirable alternative among the possibilities permitted by the resources available. b. the lowest cost method of meeting goals, without regard to quality or any other feature. c. among various possible goals and offends no one, so that all are equally happy. d. among equally important goals, and thereby avoids the "indispensable necessity" syndrome. e. among possible goals in such a way that spends as little money as possible.