Upon your graduation from college, you find that the economy is in recession and the unemployment rate is relatively high. Nonetheless, you continue along your career path looking for a new job because
A) the wages of college graduates do not fall during recession.
B) high unemployment rates do not usually last for very long.
C) the cost of additional education is always higher during recession.
D) looking for work is your only option.
B
You might also like to view...
One reason why airlines charge business travelers and leisure travelers different prices is
A) business travelers fly according to schedules that are planned months in advance. Many leisure travelers buy their tickets at the last minute. B) business travelers fly more often than most leisure travelers. As a result, their employers are able to bargain with airlines for lower fares than leisure travelers pay. C) business travelers often have inflexible schedules and have to travel on a particular day. The opposite is true for leisure travelers. D) business travelers usually travel alone. Leisure travelers often fly with friends and family members; therefore, they have a more inelastic demand for airline tickets than business travelers.
On June 2, 2017, Diamond Chemical Corporation’s 4.1 percent coupon bonds, with face values of $100, was sold for $95. This means that the yield on these bonds was
A. less than 4.1 percent. B. equal to 4.1 percent. C. equal to 95 percent of 4.1 percent. D. greater than 4.1 percent.
The period between the recognition of a problem and the implementation of a policy to solve the problem is
A. the action lag. B. the recognition lag. C. the policy effect lag. D. the political decision lag.
Which of the following is not a characteristic of a battle of the sexes game?
A) Each player has a dominant strategy. B) Nash equilibria exist at every outcome where the players successfully coordinate. C) The two general outcomes are where players either coordinate with one another or they do not. D) The payoff for coordinating is higher than the payoff for not coordinating.