Advocates of government-run employment agencies and public training programs believe they make job search more efficient
a. True
b. False
Indicate whether the statement is true or false
True
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When a self-aware, present-biased individual invests in a commitment device that will bind him in the future, he will resent that commitment device when the future becomes the present.
Answer the following statement true (T) or false (F)
The Solow residual attempts to measure the amount of output not explained by
A) technological progress. B) the direct contribution of labor and capital. C) economic projections. D) the amount of a nation's human capital.
In terms of price indexes, what is a COLA?
a. A measure of the quality of living b. A consumer price adjustment c. An increase in wages designed to match consumer price increases d. An estimate of gross domestic product e. A measure of producer surplus
All of the following are sources of economic growth except
A. increases in human capital. B. an increase in the savings rate. C. an increase in consumption spending to stimulate production. D. increases in physical capital.