Among the following cases, which one would be considered to be unemployed? Someone who
A. worked three days in the last month but is now out of work.
B. is ready, willing, and able to work, but gave up looking for work three months ago.
C. reported to the state employment office last week but is not very enthusiastic about finding a job.
C. reported to the state employment office last week but is not very enthusiastic about finding a job.
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Suppose the production function is q = 12 L0.25K0.75. Determine the long-run capital-to-labor ratio (K/L) if the cost a unit of capital (r) is three times the cost of a unit of labor (w)
What will be an ideal response?
In general, financial assets that have a(n) ________ amount of risk have a ________ rate of return.
A. lower; higher B. equal; higher C. higher; lower D. higher; higher
Which of the following is NOT correct about required reserve ratio?
What will be an ideal response?
(Consider This) Which of the following best explains why the solar panel companies Solyndra and Abound went bankrupt in 2011 and 2012, respectively?
A. Overreliance on government subsidies that made them inefficient. B. Oversupply of solar panels on the world market that drove down prices and made these firms uncompetitive in the market. C. Expansion of other alternative energy sources made solar power unprofitable. D. Dramatic and unexpected increases in input costs caused huge economic losses.