How are discouraged workers counted in the unemployment rate?
Because discouraged workers are classified as out of the labor force, they are not counted in unemployment statistics.
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Use the following table to answer the next question.YearNominal Income (dollars)CPIReal Income (dollars)1$44,600130 2$48,200 $35,1833$51,000139 What is the value of the CPI in Year 2?
A. 137 B. 1.37 C. 73 D. 0.73
What challenges does the European Union face in the short, medium, and long run?
What will be an ideal response?
Fireworks would be considered:
A. a common resource. B. a private good. C. a public good. D. an artificially scarce good.
Why would a candidate for political office speak in general instead of specific terms?
A) Because he or she believes voters want to hear generalities, not specifics. B) Because he or she believes voters are too busy to listen to specifics. C) Because he or she believes that specifics are too likely to label him or her as a member of an extreme-wing, and politically this would be undesirable. D) Because it is cheaper to get the message out if it is worded in general instead of specific terms.