Which of the following is the best statement about how the amount of the net public debt that a typical individual owes to the holders of the debt has varied in the recent past?
A. The amount has steadily decreased over time.
B. The amount has varied a lot over time.
C. The amount has not varied at all.
D. The amount has steadily increased over time.
Answer: C
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Structural unemployment
a. arises from a mismatch between available jobs and workers' skills or geographic location b. is short-term joblessness experienced by those re-entering the labor force after a long absence c. occurs because of changes in seasons, tourist patterns, and similar factors d. does not occur when the economy is at full employment e. is joblessness resulting from business cycle movements
Henry Leland
A. was the first automobile producer to use the movable assembly line. B. was the first automobile producer to manufacture a standardized engine with interchangeable parts. C. sold millions of cars at a small unit of profit that allowed his company to dominate the industry. D. all of the choices are true.
The amount of government spending on education per public school student has ________ since 1960, and the achievement level of students has generally ________ since that time
A) increased; increased B) decreased; decreased C) increased; decreased D) decreased; increased
A government wants to reduce electricity consumption by 40%. The price elasticity of demand for electricity is -10. The government must ________ the price of electricity by ________.
A. raise; 1.25% B. raise; 0.25% C. raise; 4.0% D. lower; 0.25%