The unemployment rate in the United States at the peak of the Great Depression was ________ percent.
A. 10
B. 25
C. 20
D. 5
Answer: B
You might also like to view...
"Lower ticket prices would lead to more people attending ballgames." This statement is a
A) macroeconomic statement. B) statement assessing the social interest versus the private interest. C) normative statement. D) statement that confuses marginal cost and sunk cost. E) positive statement.
When the government uses a cap-and-trade approach in dealing with pollution, it
A) uses taxes in order to internalize the externalities caused by the pollution. B) imposes quantitative limits on the amount of pollution firms are allowed to generate. C) uses subsidies to encourage firms to use new technology that reduces pollution. D) distributes information to consumers and producers on how to reduce pollution.
Along an upward-sloping labor supply curve, as the wage rate increases, the opportunity cost of leisure ________, causing individuals to supply a ________ quantity of labor
A) decreases; greater B) increases; greater C) remains constant, constant D) increases; lower
In the present, most of the exports from China are
A) manufactured goods. B) services. C) primary products including agricultural. D) technology intensive products. E) overpriced by world market standards.