The Bureau of Labor Statistics collects ________ measures of unemployment.
A. 6
B. 5
C. 7
D. 4
Answer: A
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The headline in the local paper today is "College tuition next fall will be raised by 3 percent." This statement is an example of
A) a normative statement. B) a positive statement. C) a macroeconomic statement. D) ceteris paribus.
Entitlements and net interest are the ________ the U.S. federal budget
A) two fastest-growing components of B) only two declining components of C) only two components with negative values in D) two slowest-growing components of
Refer to Scenario 5.10. If Hillary invests 30 percent of her savings in the real estate project and the remainder in Treasury bills, the expected return on her portfolio is:
A) 4 percent. B) 11.8 percent. C) 17 percent. D) 22.2 percent. E) 30 percent.
Which of the following is a problem associated with gross domestic product (GDP) as a measure of social welfare? a. It includes many nonmarket activities
b. It takes into account the value of only those goods which are widely used. c. It takes into account the cost of environmental damage caused by pollution. d. It includes intermediate goods as a separate entry. e. It excludes the value of leisure time.