The program of unemployment insurance in the United States was created during the
A. Great Depression.
B. Reagan recession.
C. Kennedy administration.
D. Great Society.
Answer: A
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Unemployed workers in Bosnia could receive up to 30 weeks of unemployment insurance. However, during a recent recession, the government extended the eligibility period to 45 weeks
How is this change in policy likely to affect the labor market in Bosnia?
Luxury brands like designer sunglasses are goods that may exhibit snob effects. Suppose this is true, and the price for a particular brand increases. What happens to the component changes in the quantity demanded?
A) Pure price effect and snob effect are negative B) Pure price effect and snob effect are positive C) Pure price effect is positive, snob effect is negative D) Pure price effect is negative, snob effect is positive
The wage setting relation is
A) downward sloping. B) upward sloping. C) vertical. D) horizontal.
Which of the following is not part of a nation's infrastructure?
A. Communications facilities. B. Roads, highways, and bridges. C. The electrical power system. D. Industrial plants and equipment.