Which one of the following people would be counted as unemployed in Canada?
A) Ruth is a 14-year-old student and has been looking for an after-school job every day for the past month.
B) Ron has quit looking because he believes that there is no work available for him.
C) Simone is currently working but expects to be laid off by the end of the month, before next month's
survey can be completed.
D) Sarah has been looking for a job but is taking a month-long break from the job-seeking effort due to her
lack of skills.
E) Rebekah is a recent graduate looking for work.
E) Rebekah is a recent graduate looking for work.
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Indicate whether the statement is true or false
The ways to address agency costs include all EXCEPT
a. running background checks on prospective employees b. hiring only from job fairs c. spot checks of the quality of employee work d. replacing closed offices with cubical office spaces
When a monopolist chooses the level of output where marginal cost equals marginal revenue the price:
A. equals marginal revenue. B. equals average revenue. C. is lower than average revenue. D. is lower than marginal revenue.
Discretionary expenditures account for approximately
A. One-half of the federal budget. B. One-fifth of the federal budget. C. Three-fourths of the federal budget. D. One-third of the federal budget.