Government assistance to workers whose employment prospects have worsened is called:
A. the minimum wage.
B. transition aid.
C. worker mobility payments.
D. social security.
Answer: B
You might also like to view...
A decrease in the costs of resources or inputs of production would shift the:
A) short-run aggregate supply curve rightward. B) short-run aggregate supply curve leftward. C) long-run aggregate supply curve rightward. D) long-run aggregate supply curve leftward.
Which of the following is not true of monopolists?
a. The entry of new firms is not a major concern. b. Monopolists seek to maximize profits. c. Monopolists can charge any price they want and make a profit. d. Monopolists can choose any point on the market demand curve. e. Monopolists can raise price more than 10 percent.
If a monopolist finds that at the present level of output marginal revenue exceeds marginal cost, the firm should:
a. shut down. b. expand output. c. maintain the current output. d. reduce output (but still produce). e. raise prices.
You've set aside $500 a month to go golfing. If each round costs $55, how many rounds of golf can you play each month?
A. 2 rounds B. 11 rounds C. 10 rounds D. 9 rounds