If the number of unemployed equals 30,000, the number of employed equals 60,000, and the number not in the labor force is 10,000, the labor-force participation rate
A. is 90%.
B. is 88.9%.
C. is 67%.
D. cannot be determined from this information.
Answer: A
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If U.S. official reserves increase, is the official settlements account balance positive, negative, or unaffected?
What will be an ideal response?
Entry fees at national parks and monuments are an example of:
A. the benefits-received principle of taxation. B. government bureaucracy and inefficiency. C. the principle of limited and bundled choice. D. the ability-to-pay principle of taxation.
Which of the following is NOT true of restrictive covenants?
A) They sometimes require borrowers to maintain the value of collateral offered to the lender. B) They increase the marketability and liquidity of loans. C) They sometimes require a borrower to maintain a certain minimum level of net worth. D) They sometimes limit a borrower's risk taking.
Sally recently got a 15 percent raise. She now purchases 7.5 percent more steak dinners. Sally's income elasticity for steak dinners is:
a. 0.5. b. 0.75. c. 1.5. d. 2.0.