Involuntary part-time workers are:
A. discouraged workers.
B. counted as unemployed.
C. considered out of the labor force.
D. counted as employed.
Answer: D
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Ryan deposits $900 at an annual interest rate of 9%. The total amount in Ryan's account after one year will be ________
A) $963 B) $975 C) $981 D) $999
Assume X is an inferior good. If the incomes of people who buy X increase, demand for X will increase as well, but by a smaller percentage than the increase in income
Indicate whether the statement is true or false
The Lorenz curve is a geometric representation of
A) the profile of earnings for a "typical" family over time. B) the standard of living experienced by the poor in a country. C) the difference between pre-tax and post-tax income. D) the distribution of income.
Audit
What will be an ideal response?