The unemployment rate will decrease when
A) people get discouraged and quit looking for work.
B) the age of the labor force increases.
C) the average workweek falls from 40 to 39 hours.
D) the duration of unemployment increases.
A
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All of the following are problems associated with commodity money EXCEPT
A) it is a cumbersome form of payments system. B) commodities tend to have little value in and of themselves. C) its value is dependent on its purity. D) costs are incurred in certifying the purity and weight of commodity money.
The textbook discusses the carpet industry situated in the southeastern U.S., and the authors indicate that smaller carpet mills have ________ returns to scale while larger mills have ________ returns to scale
A) increasing, decreasing B) increasing, constant C) constant, decreasing D) constant, increasing
If the demand for baseball cards rises and the supply curve does not shift, then the price
a. will rise and quantity will fall b. and quantity will rise c. will fall and quantity will rise d. and quantity will fall e. will rise, but quantity may rise or fall
Which international relations theory supports the idea that it wouldn't matter who the hegemon is in a new world system?
a. constructivist theory b. realist theory c. feminist theory d. liberal theory