On-the-job training is the one area of education in the United States most influenced by the
a. business sector.
b. government sector.
c. household sector.
d. foreign sector.
a
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Which of the following is most important in determining the number of jobs in an economy?
A) Macroeconomic policies B) Trade policies C) Urban policies D) Environmental policies E) Tax policies
A person who voluntarily quits his/her job in New York and expects to get a similar job in Los Angeles is an example of:
a. frictional unemployment. b. structural unemployment. c. durational unemployment. d. cyclical unemployment.
People produce more when they ___ ____ ____ ___ ____ ___ ____
Fill in the blank(s) with the appropriate word(s).
Assume that movement from point A to point B represents a 15 percent change in the price of goods and services. What would be the corresponding change in the price of inputs?
a. no change
b. 15 percent increase
c. 15 percent decrease
d. 100 percent increase