In the United States, in 1993 President ________________ signed the Family and Medical Leave Act (FMLA) which allows workers at companies with more than 50 employees to take up to 12 workweeks of unpaid leave to care for newborns and newly adopted
children or to care for ill family members or themselves. a. Ronald Reagan
b. George Bush
c. Bill Clinton
d. George W. Bush
C
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The above figure shows the U.S. market for replacement cell phone batteries. With free trade, the United States imports ________ batteries and once the tariff illustrated in the figure is imposed, the United States imports______ batteries
A) 900,000; 700,000 B) 300,000; 100,000 C) 800,000; 400,000 D) 900,000; 100,000 E) 700,000; 300,000
A savings and loan strives for a 6% real return on its loans and estimates a 7% annual rate of inflation. It should therefore charge its borrowers a nominal interest rate of
A) 13%. B) 7%. C) 6%. D) 1.17%. E) 1%.
Don worked as a machinist all his life, and was recently laid off because his plant closed and the jobs were outsourced to India. There don't seem to be any machinist jobs in the area anymore. Don would be considered:
A. frictionally unemployed. B. structurally unemployed. C. real-wage unemployed. D. Don is a discouraged worker.
Which of the following is an exogenous variable in the Three-Sector-Model?
a. Real risk-free interest rate b. Required reserve ratio c. Quantity of real credit per time period d. Quantity of currency per time period e. All of the above are exogenous.