In order to qualify for unemployment insurance and worker's compensation, a person must have
a. paid taxes the previous year
b. an employment record
c. a family of four
d. food stamps
e. a driver's license
B
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Aristotle believed voluntary trade should be
A) an exchange of unequal values. B) an exchange of equal values. C) an exchange of equal material possessions. D) an exchange of unequal material possessions.
Refer to the above table. The price of Y decreases from $18 to $15. What is the cross price elasticity of demand between Y and X?
A) -0.73 B) -1.0 C) +1.38 D) +1.83
The first attempt by United States workers to organize on a permanent basis was by what Philadelphia group?
a. coal miners b. shoemakers c. bakers d. construction workers e. bankers
If Suzette responds to an increase in the interest rate by decreasing her saving, then, for Suzette,
a. the increase in the interest rate creates an income effect that is greater than the substitution effect. b. the increase in the interest rate creates a substitution effect that is greater than the income effect. c. consumption when young and consumption when old are perfect substitutes. d. consumption when young and consumption when old are perfect complements.