Which of the following is not a cost or a disadvantage to making the policies to cushion displaced workers more? generous?
What will be an ideal response?
Displaced workers may reduce their spending.
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Suppose the official unemployment rate is 10 percent. Which of the following is a definite conclusion to draw?
What will be an ideal response?
An example of price discrimination is the price charged for:
A. an economics textbook at a campus bookstore. B. gasoline. C. a piece of art sold at an auction. D. a postage stamp.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________.
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
Which of the following is a factor that can motivate changes in the costs of transferring knowledge?
A. Changes in technology B. The nature of knowledge to be transferred C. The form of government in the country D. The prevailing tax rates