Which of the following includes everyone in the adult population that the Bureau of Labor Statistics counts as "unemployed"?
a. anyone who is not employed
b. anyone who is not employed, is available for work, and has looked for work in the past four weeks
c. anyone who is not employed, is available for work, has looked for work in the past four weeks, and anyone who is waiting to be recalled from a job from which they have been laid off
d. anyone who is not employed, is available for work, has looked for work in the past four weeks, anyone who is waiting to be recalled from a job from which they have been laid off, and anyone who is employed part time and has searched for full time employment in the past 4 weeks
c
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Which of the following equations describes government saving?
A) T - TR - INT - G B) T - TR - INT + G C) T - TR + INT - G D) T - TR + INT + G
More stable macroeconomic policy does not contribute to less variability in real output
a. True b. False Indicate whether the statement is true or false
Restrictions on free international trade designed to protect domestic industries from competitive market forces that originate beyond the borders of the country are:
A) competitive policies. B) protectionist policies. C) free trade policies. D) antitrust policies.
If the price of labor increases, in order to minimize the costs of producing a given level of output, the firm manager should use:
A. less of labor and less of capital. B. less of labor and more of capital. C. more of labor and more of capital. D. more of labor and less of capital.