There are no fixed costs in the long run.
Answer the following statement true (T) or false (F)
True
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In 2015, the labor force participation rate was 62.6 percent. This means that:
A. 62.6 % of all working age people wanted a job. B. there was 37.4 % unemployment. C. 62.6 % of all working age people were employed. D. only 62.4 percent of labor force was in working age population.
Why is does the minimum job proposal pay a maximum of $9 an hour? Group of answer choices
A. To compete with the Federal minimum wage of $7.25 per hour. B. To provide an attractive alternative to dangerous jobs. C. Those who do not participate at this wage don't really want a job. D. Those who do not participate are owed higher wages.
What rationale does rational expectations theory provide for the ineffectiveness of discretionary policies?
What will be an ideal response?
Productivity gains in the United States since 1990 have been ________ productivity gains in other leading industrial nations
A) the same as B) higher than C) lower than D) more variable than