If I voluntarily end my employment, the Bureau of Labor Statistics would consider me to be
A) a job loser.
B) a job leaver.
C) a discouraged worker.
D) a reentrant.
B
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In the winter quarter at Frozen U. one year, snow falls every Friday night. Students conclude that, on their campus, Fridays cause snow. This hypothesis
A. should more properly be considered a theory. B. assumes that correlation implies causation. C. assumes that causation implies correlation. D. reflects the fallacy of composition.
Retirement savings accounts, such as IRAs, help increase economic growth because
A) they encourage international trade. B) government invests them. C) they keep the interest rates high. D) people have an incentive to work harder and longer hours to save for the future. E) savings finances investment.
If an increase in government spending of $20 million results in a $100 million increase in GDP, then the spending multiplier is
A) 0.2. B) 2.5. C) 5. D) 20.
The largest component of output growth in the U.S. is
a. labor productivity growth. b. capital growth c. labor growth. d. knowledge growth. e. None of the above.