If people move from the category "not in labor force" to the category "employed" then:
a. The unemployment rate falls, and the employment rate rises.
b. The unemployment rate stays the same, and the employment rate rises.
c. Neither the unemployment rate nor the employment rate changes.
d. Labor force participation rate rises, the employment rate rises, and the unemployment rate rises.
e. The employment rate and non-institutional population over 16 rise.
.A
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Ann Trepreneur was formerly a landlord, renting her building for $1,200 a month. She now uses her building for her own florist shop. Pick the true statement
A) The building costs Ann $1,200 per month. B) Ann incurs no opportunity cost on the building. C) Ann uses the building as a free good. D) None of the above is true.
A public good is ________ and ________
A) rival; excludable B) nonrival; excludable C) rival; nonexcludable D) nonrival; nonexcludable
If the United States imports televisions and the U.S. government imposes a tariff on televisions, then
a. total surplus in the American television market decreases. b. producer surplus in the American television market increases. c. U.S. imports of foreign televisions decrease. d. All of the above are correct.
The Budget Enforcement Act was an example of a debt ceiling.
Answer the following statement true (T) or false (F)