When an individual is not working and is not looking for a job because he/she lacks any marketable job skills, he/she is
A. cyclically unemployed.
B. structurally unemployed.
C. frictionally unemployed.
D. none of the above.
Answer: D
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A one-year discount bond with a face value of $1000 has an interest rate of 4%. What is its price?
A) $960 B) $961.54 C) $996 D) $1,040
The above figure shows the demand and supply curves in the market for milk. Currently the market is in equilibrium. If the government imposes a $2 per gallon tax to be collected from sellers, estimate the change in p, Q, and social welfare
What will be an ideal response?
After the U.S. introduces of a tariff in the market for phones, the price of phones in the U.S. will
a. decrease b. increase c. remain the same d. change in an indeterminate manner
Which assistance program(s) target(s) the health care needs of the poor?
a. TANF b. food stamps c. Social Security d. Supplemental Income e. Medicaid