The unemployment rate is the ratio of the number of people
A. employed to the number of people in the labor force.
B. unemployed to the number of people in the labor force.
C. in the labor force to the number of people employed.
D. unemployed to the number of people employed.
Answer: B
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Outsourcing refers to the process in which: a. a firm purchases service from another firm in another country. b. a firm hires laborers from a foreign market. c. the government of a country works toward providing social security and other rights to migrant workers. d. a firm purchases service from another firm
e. workers of a particular country seek employment in a firm of a foreign country.
Kaiser-Permanente, the nation's largest health maintenance organization, was founded:
a. as a network-model HMO. b. as a group-model HMO. c. to provide access to medical care to Kaiser workers in remote locations where medical services were in short supply. d. to provide cost-effective medical care to Kaiser employees. e. to slow the rate of growth in medical spending for Kaiser employees.
If there are 2 plumbers and 4 electricians in Marquette, MI, we know
What will be an ideal response?
Assume a purely competitive increasing-cost industry is initially in long-run equilibrium and that an increase in consumer demand occurs. After all economic adjustments have been completed, product price will be:
A. lower, but total output will be larger than originally. B. higher and total output will be larger than originally. C. lower and total output will be smaller than originally. D. higher, but total output will be smaller than originally.