Using the table above, the Current Population Survey classifies the group of individuals who are left after subtracting from the total population groups 1, 2, 3, 4, 5, and 6 as
A) not in the labor force.
B) discouraged workers.
C) unemployed.
D) employed.
E) the labor force.
A
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Assuming that the demand and supply of a good both increased by the same amount, the new equilibrium would represent: a. an increase in price and an increase in quantity exchanged
b. no change in price and an increase in quantity exchanged. c. a decrease in price and a decrease in quantity exchanged. d. no change in price, and an indeterminate change in quantity exchanged.
The personal distribution of income measures which of the following?
A) the distribution of earnings by the factors of production B) proportion of income generated by the four types of expenditures on goods and services C) the distribution of income among households D) the distribution of income among nations E) how federal tax revenues are related to the type of businesses that employs the taxpayers
Given the values in the table above, consumption is ________ when equilibrium output is 15
A) 12.3 B) 11.86 C) 12.05 D) 11.55 E) none of the above
As long as ________ and ________ are low enough, foreign direct investment can be used to reduce total costs by locating different stages of overall production in different countries.
A. trade barriers; domestic demand B. transport costs; trade barriers C. domestic taxes; foreign demand D. foreign demand; transport costs