In the United States, the typical person who has lost his or her job finds another one in a few months except during severe recessions
Indicate whether the statement is true or false
TRUE
You might also like to view...
A local public good
A. only benefits members of a particular community. B. gives higher benefits than regular public goods. C. requires unanimous voting. D. has become an integral part of the federal government.
The burden a tax places on buyers versus sellers is:
A. independent of which side is charged the tax. B. always split in half. C. never shared. D. depends on which side is charged with the tax.
If an import tariff is reduced, the domestic quantity demanded is ____ and the quantity supplied domestically is ____, ____ the quantity of goods imported. a. greater; lower; reducing
b. lower; greater, reducing. c. greater; lower; increasing. d. lower; greater; increasing.
The consumption that is greater than zero when national income is zero is
a. permanent consumption b. induced consumption c. nondependent consumption d. autonomous consumption e. automatic consumption