When unemployed people stop looking for jobs, the
A. Unemployment rate decreases and the labor force increases.
B. Unemployment rate decreases and the labor force decreases.
C. Unemployment rate increases and the labor force decreases.
D. Unemployment rate increases and the labor force increases.
Answer: B
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Since the Social Security system began in the 1930s, the number of workers per retiree
A) has stayed roughly the same. B) has declined. C) has risen. D) declined through 1960 and has risen ever since.
Which of the following is an argument against free trade?
A) protecting infant industries B) protecting against dumping C) protecting domestic jobs D) all of the above
________ seem as a group to be mildly regressive and ________ seem as a group to be mildly progressive.
A. State and local taxes; federal taxes B. Local taxes; federal and state taxes C. Federal taxes; state and local taxes D. Federal and state taxes; local taxes
In the aggregate demand and supply model, the:
a. aggregate supply curve is horizontal at full-employment real GDP. b. vertical axis measures real GDP. c. vertical axis measures the average price level. d. All of these. e. None of these.