Who is included in the labor force by the Bureau of Labor Statistics?
a. Dia, an unpaid homemaker not looking for other work
b. Kevin, a full-time student not looking for work
c. Sarah, who does not have a job but is looking for work
d. None of the above is correct.
c
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Which of the following groups does not have an interest in restricting free trade?
A. People who buy the imported product. B. Producers in import-competing markets. C. Communities where workers in import-competing markets live. D. Workers in import-competing markets.
Which of the following federal agencies is NOT engaged in economic regulation?
A. Federal Aviation Administration B. Food and Drug Administration C. the Federal Reserve D. Federal Deposit Insurance Corporation
Refer to the graphs below. A price increase from $20 to $40 causes quantity demanded to decrease from 100 units to 50 units. Which graph best illustrates the demand for this good?
A. Graph A
B. Graph B
C. Graph C
D. Graph D
The following table contains the actual prices charged by four Web sites for the PlayStation 4 game Call of Duty; Black Ops III in November 2015
Target $59.99 Walmart 59.00 Best Buy 59.99 GameStop 59.99 Explain whether the information in this table contradicts the law of one price.