A weakness that could be noted about the unemployment rate is that it
A) does not account for the underutilization of workers.
B) considers marginally attached workers as unemployed.
C) overestimates the number of part-time workers.
D) does not count part-time workers.
E) counts discouraged workers as employed.
A
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What other economic process needs to accompany international trade, for nations to benefit from such trade?
A. Nationalization of industries B. Regulation of production and trade C. Spreading of resources to more industries D. Specialization in production
If the exchange rate between euros and dollars were 2 euros per dollar, when a French tourist buys a good valued at $80, its cost in euros would be: a. 160 euros. b. 80 euros
c. 78 euros. d. 40 euros.
Analysis indicates that the economy is in a recessionary gap. Which of the following is the most appropriate policy mix in this situation?
A. A budget surplus and expansionary monetary policy B. A budget deficit and expansionary monetary policy C. A budget deficit and contractionary monetary policy D. A budget surplus and contractionary monetary policy
Refer to the table below. There are negative marginal returns when the:
The question is based on the following table that provides information on the production of a product that requires one variable input.
A. Fifth unit of input is added
B. Sixth unit of input is added
C. Seventh unit of input is added
D. Ninth unit of input is added