Economists define the unemployed as individuals who are
A) working less than their desired amount of time.
B) not currently working but are actively looking for work.
C) not currently working.
D) working but looking for a different job.
B
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How do changes in expectations, fiscal policy and monetary policy, and the world economy change aggregate demand and the aggregate demand curve?
What will be an ideal response?
Bonds with ________ tend to have lower interest rates than bonds with ________
A) high liquidity; low liquidity B) high default risk; low default risk C) longer maturity; shorter maturity D) high tax burdens on their interest; low tax burdens on their interest
Overall, rapid economic growth between 1981 and 2012 has ______ the global poverty rate from __________________.
A. increased; below 20 percent to above 44 percent B. decreased; above 30 percent to below 15 percent C. decreased; above 44 percent to 12.7 percent D. increased; below 12.7 percent to above 25 percent
If an individual's utility from consuming two goods increases, then there must be
A. in inward shift of the individual's indifference curve. B. an outward shift of the individual's indifference curve. C. a downward rotation of the individual's indifference curve. D. an inward rotation of the individual's indifference curve.