Which of the following is not an option that could be used to save Social Security?
a. Decreasing the age required for full-time benefits
b. Implementing means testing
c. Allowing individuals to opt out of the Social Security system
d. Increasing the return to Social Security funds
a
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Where should the economically-challenged regions of the world put their focus?
a. low inflation b. health and education c. balance of trade d. low unemployment
Unskilled workers first gained union representation under the Congress of Industrial Organization in 1935
Indicate whether the statement is true or false
Suppose the official gold value of the Brazilian real changes from 457 reals per ounce to 528 reals per ounce. We can then say that:
a. the Brazilian real has been devalued. b. the Brazilian economy is expected to experience rapid inflation. c. gold has been devalued. d. the Brazilian real has appreciated in value. e. gold is now cheaper to purchase in Brazil than it was before.
Which of the following is not correct?
a. Most people who become unemployed will soon find jobs. b. In an ideal labor market, wages would adjust to ensure that all workers are always fully employed. c. The unemployment rate occasionally falls to zero. d. There are always some workers without jobs, even when the overall economy is doing well.