Adjusting labor force participation rates for the age of the population suggests that
A. the raw number overstates the increase in the rate among women.
B. the raw number understates the increase in the rate among women.
C. the raw number correctly states the decrease in the rate among women.
D. the labor force participation rate among women is higher than that of men.
Answer: B
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If we depict a simultaneous move, complete information game in a game tree, each player only has one information set no matter how many players there are in the game.
Answer the following statement true (T) or false (F)
According to the budget philosophy of functional finance, _____
a. the budget should be balanced annually b. surpluses should be run during periods of prosperity and deficits should be run during recessions c. the government budget should be whatever is necessary to have the economy operate at potential GDP d. the budget should never be in balance e. the rate of growth in the national debt should equal the rate of growth in the money supply
Injections:
a) Decrease aggregate demand b) Always equal savings c) Always equal national income d) Include investment and export spending
In Figure 2.1, a "P" for price would go in
A. Box 2. B. Box 4. C. Box 6. D. Box 1.