A person who has taken medical leave is
A) in the labor force.
B) not in the labor force.
C) unemployed.
D) a job leaver.
A
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Explain why a movement from a point inside a production possibilities frontier to the production possibilities frontier is described as a free lunch and a movement along a production possibilities frontier is described as a tradeoff
What will be an ideal response?
Fractional reserve banking has three crucial features: bank profitability, bank discretion over the money supply, and bank exposure to runs
a. True b. False Indicate whether the statement is true or false
Refer to the figure below.
If a price ceiling were imposed at $4, total economic surplus would be ________, which is ________ less than when the market is unregulated market.
A. $8; $24 B. $24; $16 C. $24; $8 D. $48; $8
Disposable income equals
A) income minus saving. B) income minus both saving and taxes. C) consumption minus taxes. D) the sum of consumption and saving. E) none of the above