Two groups of workers not counted as unemployed in the official unemployment statistics are ________ workers.

A. discouraged and involuntary part-time
B. chronically unemployed and short-term unemployed
C. chronically-unemployed and discouraged
D. chronically unemployed and involuntary part-time


Answer: A

Economics

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According to the saving and investment equation, if net foreign investment rises by $60 million,

A) domestic investment will rise by $60 million. B) private saving will fall by $60 million. C) national saving will fall by $60 million. D) national saving will increase by $60 million.

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You can think of an indifference curve as an

a. equal-cost curve. b. equal-marginal-cost curve. c. equal-utility curve. d. equal-marginal-utility curve.

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Diversifying

a. increases the standard deviation of the value of a portfolio indicating its risk has increased. b. increases the standard deviation of the value of a portfolio indicating its risk has decreased. c. decreases the standard deviation of the value of a portfolio indicating its risk has increased. d. decreases the standard deviation of the value of a portfolio indicating its risk has decreased.

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Prior to 2001, if the market price of cotton was below the government's loan rate,

A. The cotton farmer gave the crop to the CCC and was forced to exit the industry. B. The cotton farmer received a loan deficiency payment and relinquished the crop to the CCC. C. The cotton farmer, in effect, bought the crop from the CCC. D. The cotton farmer defaulted on the loan but kept the crop; the CCC kept the money.

Economics