An office worker who loses her job because she does not have the necessary computer skills is, ceteris paribus:
A. Frictionally unemployed.
B. Seasonally unemployed.
C. Cyclically unemployed.
D. Structurally unemployed.
D. Structurally unemployed.
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Suppose that the following table represents all of the possible investments in the economy. If the nominal interest rate is six percent, what is the total amount of investment in the economy? (Note: The Returns are for one period later.)
Investment Cost Returns A $100 $105 B 300 321 C 200 216 D 50 55 E 400 416
Which of the following types of unions did the CIO promote?
A) craft unions B) public sector unions C) industrial unions D) military unions
Productivity is defined as: a. the ratio of a specific measure of output to a specific measure of input
b. the production of worthwhile goods and services. c. the market value of goods, services, and resources produced per time period (e.g., per year). d. average input divided by average output. e. total input divided by average output.
Few bother to think about what makes Florida oranges show up daily in South Dakota supermarkets, but the people of South Dakota are likely to think a great deal about this. Why does someone take the time and energy to assure that oranges which are grown in Florida move more than 1,000 miles before they appear on grocery shelves?