According to the BLS, the unemployment rate is the percentage of the
a. labor force that is unemployed or working part-time
b. labor force that is unemployed and had expressed interest in working
c. civilian labor force that is unemployed less the number of government workers
d. adult population that is unemployed
e. adult population that is unemployed or looking for a better job
B
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Refer to Table 14-3. What is the Nash equilibrium in this game?
A) In the Nash equilibrium both Saudi Arabia and Nigeria produce a low output and earn a profit of $100 million and $20 million respectively. B) In the Nash equilibrium Saudi Arabia produces a low output and earns a profit of $80 million and Nigeria produces a high output and earns a profit of $30 million. C) In the Nash equilibrium both Saudi Arabia and Nigeria produce a high output and earn a profit of $60 million and $20 million respectively. D) There is no Nash equilibrium.
If total U.S. trade consists of $10 billion in electronics imports from Japan and $9 billion in automobile exports to Germany, then the U.S. net export account will be negative
a. True b. False Indicate whether the statement is true or false
A firm can find a competitive advantage
A) by differentiating its product. B) by having a barrier to entry. C) through its organizational structure. D) all of these choices.
The Fed changes the federal funds rate using open-market operations.
a. true b. false