The U.S. employment-to-population ratio peaked in 2000 and in 2014 fell to 59 percent, a level not seen since the early 1980s. This fall in the employment-to-population ratio shifts the ________ curve ________
A) labor supply; leftward
B) labor supply; rightward
C) labor demand; leftward
D) labor demand; rightward
B
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Gross investment minus net investment is equal to
A) consumption. B) nominal investment. C) depreciation. D) real investment.
A survey of 200,000 people finds 76,300 "employed," 6,640 "unemployed," and the remaining 117,060 "not in the labor force." What is the unemployment rate derived from these numbers?
A) 8.7 percent B) 3.3 percent C) 8.0 percent D) 5.7 percent
The number of presidentially appointed members who sit on the Federal Reserve Board of Governors is:
a. none. b. seven. c. nine. d. twelve.
Using the information in situation 20-2, if government increases their spending by $50 and increases net taxes by 50, then equilibrium aggregate output will change by
A) -$100. B) -$50. C) $50. D) $100.