Which of the following workers is considered semiskilled labor?
A. A schoolteacher
B. An assembly-line worker
C. A computer programmer
D. A dishwasher
B. An assembly-line worker
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During an economic recession,
A) the demand and supply curves for loanable funds both shift to the right and the equilibrium interest rate usually rises. B) the demand and supply curves for loanable funds both shift to the left and the equilibrium interest rate usually falls. C) the demand curve for loanable funds shifts to the right, the supply curve for loanable funds shifts to the left, and the equilibrium interest rate usually falls. D) the demand curve for loanable funds shifts to the left, the supply curve for loanable funds shifts to the right, and the equilibrium interest rate usually rises.
The Lorenz curve represents the distribution of non-cash benefits
a. True b. False Indicate whether the statement is true or false
The method used by society to produce and distribute goods and services
a. standard of living b. privatize c. economic system d. self-interest e. factor payments
The first law of demand states that
a. the quantity demanded increases as price falls b. the quantity demanded decreases as price falls c. the quantity demanded increases as price increases d. none of the above