Which of the following contributed to a slowdown in U.S. labor productivity during the 1970s?
a. An increase in the number of skilled legal immigrant workers
b. An increase in the illegal employment of minors
c. An increase in the number of skilled illegal immigrant workers
d. The exit of the baby boom generation from the work force
e. Lower energy prices
d
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If the U.S. exchange rate rises, the price to foreigners of U.S.-produced goods and services ________ and the quantity of U.S. dollars demanded ________
A) rises; decreases B) rises; increases C) falls; decreases D) falls; increases
Since 1970, a sizable part of the growth of the U.S. labor force has been due to
a. increased immigration. b. the entry of more women into the labor force. c. a lower age limit for labor force membership. d. increased labor union membership.
Which of the following persons would be considered unemployed?
a. A house wife b. A 15-year-old looking for summer employment c. A person who worked more than 20 hours in a family-owned business d. A recent college graduate looking for her first job e. A full-time student
Lower real interest rates in the United States (relative to foreign real interest rates) will lead to a(n) ________________ of the dollar and a ______________ shift of the U.S. SRAS curve
A) appreciation; rightward B) appreciation; leftward C) depreciation; rightward D) depreciation; leftward