When a park is funded by visitors but not by taxpayers in general,
a. there will be too few parks because most people will not pay to use a park.
b. visitors will be better served because poor service would lead to reductions in revenues.
c. park budgets will decline.
d. park quality will decline.
B
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Which of the following groups of people will be considered as unemployed?
A) Workers who experienced a wage cut due to recession B) Housewives raising kids at home and not looking for jobs C) Employees working in public sector undertakings D) Agricultural workers who are unemployed and have been looking for jobs for the last four weeks
The United States experienced a deep recession between 2007 and 2009. Which type of unemployment would most likely increase during that period of recession?
A) cyclical unemployment B) frictional unemployment C) seasonal unemployment D) structural unemployment
Economically speaking, tariffs: a. protect domestic consumers of goods
b. protect foreign producers of goods. c. limit voluntary exchanges. d. protect domestic producers of exported goods.
The prices at which goods trade are determined by their costs of production
Indicate whether the statement is true or false