For which of the following time periods did the U.S. have a budget surplus?
a. 1990-1993
b. 1998-2001
c. 2003-2006
d. The U.S. did not have a surplus in any of these time periods.
b
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Which of the following statements is true?
A) Adult males, adult females, and teenagers all have similar rates of unemployment due to job losses. B) Almost half of the total teenage unemployment rate appears to be due to the search for the first job. C) Relative to adult males, adult females and teenagers have more frequent unemployment due to reentry and higher quit rates. D) All of the above.
An example of perfect competition is when
a. many sellers compete and none control the market price b. several electronic companies form a cartel c. a seller decides to sell clothing, including shirts and jeans d. a seller is misinformed causing him or her to overprice goods
Natural resources are examples such as __________ ?
a. Humans, buildings, cars; houses b. None of the mention resources c. Trees, body of waters; minerals d. goods, services, knowledge; cars
By 1860, over one-half of all Southern farms utilized slave labor
Indicate whether the statement is true or false