Unemployment rates for skilled workers compared to unemployment rates for unskilled workers are:
A. Lower, because skilled workers tend to be employed in less cyclically vulnerable industries,
such as the services and nondurable goods industries
B. Higher, because skilled workers tend to be employed in more cyclically vulnerable
industries, such as the durable goods industry
C. Higher, because businesses are less likely to retain the more costly skilled workers no
matter what type of industry
D. Lower, because skilled workers tend to be primarily employed by government at the local,
state, and Federal levels
A. Lower, because skilled workers tend to be employed in less cyclically vulnerable industries,
such as the services and nondurable goods industries
You might also like to view...
The figure above shows the supply curve for soda. The market price is $1.00 per soda. The producer surplus from the 10,000th soda is
A) $0.00. B) $0.50. C) $1.00. D) more than $1.00. E) None of the above answers is correct.
The federal government
a. runs a deficit when tax revenues are greater than government purchases. b. runs a surplus when tax revenues are smaller than government purchases. c. runs a deficit when tax revenues are greater than government outlays. d. runs a surplus when tax revenues are greater than government outlays. e. runs a surplus when tax revenues are smaller than transfer payments..
A decrease in the expected future price of a good will cause the current demand for the good to...
What will be an ideal response?
The Medicare Trustees created a report with predictions about the future based on
A. varied assumptions from optimistic to pessimistic. B. only realistic assumptions. C. only optimistic assumptions. D. only pessimistic assumptions.