If Sammy does not have a full-time job but is working part-time at 4 different jobs, he is counted ________ in the job data, and ________ in the persons-employed data.
A. once; 4 times
B. 4 times; once
C. once; not being employed
D. 4 times; 4 times
Answer: B
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in the 1990s Ireland made unemployment benefits less generous. This change would likely have
a. reduced structural unemployment and the natural rate of unemployment b. reduced structural unemployment but not the natural rate of unemployment c. reduced frictional unemployment and the natural rate of unemployment d. reduced frictional unemployment but not the natural rate of unemployment
(Consider This) The main idea highlighted in the story about artist Pablo Picasso is:
A. derived demand. B. human capital. C. opportunity cost. D. occupational licensure.
The concept that producing goods and services generates the means and the willingness to purchase other goods and services is
A. secular deflation. B. Say's law. C. the Keynesian approach. D. money illusion.
Which type of cost does depend on a firm's output?
A. total cost B. variable cost C. marginal cost D. all of the above