The accumulated training and education that you have is
A) physical capital.
B) entrepreneurship.
C) economic goods.
D) human capital.
D
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The self-correcting tendency of the economy means that rising inflation eventually eliminates:
A. unemployment. B. exogenous spending. C. recessionary gaps. D. expansionary gaps.
The number of live births per 1000 people in the population per year is the
(a) hidden momentum of population growth. (b) population growth rate. (c) demographic transition. (d) crude birth rate.
A foreign customs employee who inspects a U.S. firm's import shipment ________ a government official and bribing this employee ________ illegal under the Foreign Corrupt Practice Act (FCPA).
A) is; is not B) is not; is not C) is; is D) is not; is
Why would a macroeconomist look at the seasonally adjusted unemployment rate?
a. to observe underlying trends that seasonal unemployment might obscure b. to understand the effect of seasonal unemployment on other types of unemployment c. to observe how weather affects the unemployment rate in different years d. to prove that seasonal unemployment is negligible in terms of affecting the unemployment rate