Who would be included in the labor force?
a. Maggie, who plans to work at the newspaper next year when she turns 16 years old.
b. Lisa, who is unhappy with her current job.
c. Bart, who is a full-time student and uninterested in finding employment.
d. None of the above is correct.
b
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If the dollar appreciates:
a. imports to the United States become more expensive for foreigners b. exports from the United States become more expensive for foreigners c. imports become more expensive for U.S. citizens. d. exports from the United States become cheaper e. the dollar will exchange for fewer units of a foreign currency
The type of unemployment that occurs because of a recession is called: a. frictional unemployment
b. seasonal unemployment. c. the natural rate of unemployment. d. cyclical unemployment.
Kara earns $1,500 a month and from that pays an overall tax rate of 15 percent. On average she saves $255 per month. What is her marginal propensity to consume and her marginal propensity to save?
What will be an ideal response?
You agree to lend ________ to a friend for a year at an annual interest rate of 10%. At the end of the year your friend pays you $500 in interest.
A. $50 B. $550 C. $5,000 D. $5,500