Training policies adapt the demand for labor to the supply of labor
Indicate whether the statement is true or false
F
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Which of the following should be used to compare the incomes of countries with equal population but different unemployment rates?
A) Gross national product B) PPP-based measure of income per capita C) Income per worker D) Exchange rate-based measure of income per capita
The table above gives the demand schedule for a good. What is the total revenue at point A? At point B? At point C? At point D? At point E?
What will be an ideal response?
If the price elasticity of demand for chocolate is -2.0 what should we expect would happen to consumption of chocolate if the price falls by 10%? What about a 50% decrease?
What will be an ideal response?
Fiscal policy is concerned with _____
a. government spending and taxation b. government spending and changes in money supply c. money supply and taxation d. government spending, taxation, and money supply e. only money supply