What most accurately describes the ratio of federal employment of the total labor force between 1910 and 2007?
a. Between 1930 and 1945 the federal labor force grew dramatically, but after World War II it shrank below pre-Depression levels.
b. Since 1910, federal employment has increased consistently at the rate of about 3% per year.
c. Between 1910 and 1950 federal employment dropped dramatically, but after 1950 it grew consistently.
d. The share of federal employment in the total labor force peaked briefly above four percent during the Korean War, and then began a steady decline to about the same level as the 1930s.
d. The share of federal employment in the total labor force peaked briefly above four percent during the Korean War, and then began a steady decline to about the same level as the 1930s.
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If capital gains equal zero, then the Ng family's wealth at the end of the year equals their wealth at the beginning of the year
A) plus consumption minus income. B) plus income. C) plus saving. D) minus personal income taxes. E) minus consumption.
How is human capital most commonly measured?
a. By the organizational rank and seniority b. By the amount of pay and incentives c. By the amount of education and training d. By the compensation structure and work policies
Perfect competition is characterized by:
What will be an ideal response?
Checking accounts that pay interest are included in the:
A. "demand deposits" part of M1. B. "other checkable deposits" part of M1. C. "savings deposits" part of M2. D. "money market mutual funds deposits" part of M2.