Adults who are waiting to be recalled to a job from which they had been laid off are counted as "unemployed."
a. True
b. False
Indicate whether the statement is true or false
True
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The Rule of 70 is used to
A) estimate how much of an economy's growth rate is due to increases in capital per hour of labor. B) calculate the standard of living. C) calculate the economy's growth rate. D) estimate how long it will take the level of any variable to double.
When graphed, total variable cost must
a. first slope down and then slope up b. always have a positive slope c. always have a negative slope d. first slope up and then slope down e. be a horizontal line
In the U.S. health care market, the uninsured typically receive health care for:
A. emergencies, but not for preventative care. B. preventative care, but not for emergencies. C. both emergencies and preventative care. D. neither emergencies nor preventative care.
A simultaneous increase in both the supply of and the demand for vitamin water would cause an increase in the equilibrium quantity of vitamin water.
Answer the following statement true (T) or false (F)