Economists define the unemployed as individuals who are
A. working less than their desired amount of time.
B. not currently working but are actively looking for work.
C. not currently working.
D. working but looking for a different job.
Answer: B
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A less costly alternative to protection of national defense industries would be a production subsidy
Indicate whether the statement is true or false
What happens to prices and unemployment when aggregate demand changes in the intermediate zone?
a. They do not change. b. They both decrease. c. They both increase. d. They move in opposite directions.
Big-push development strategies rely primarily on _________ for their financing
a. government b. domestic private investment c. foreign private investment d. foreign aid e. ex-colonial centers
How do outward-oriented policies affect a nation's productivity?