By the legal definition of unemployment, a person who has quit his job to take care of his children full time is
A) unemployed. B) not in the labor force.
C) employed. D) in the labor force.
B
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A researcher claims that the standards of law and order are the basis of the economic prosperity of a certain country. This argument is based on the:
A) geography hypothesis. B) location hypothesis. C) culture hypothesis. D) institutions hypothesis.
The figure above shows the demand for fruit snacks. Which movement reflects an increase in income if fruit snacks are an inferior good?
A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d
Unbundling mail services raises efficiency
Indicate whether the statement is true or false
Refer to Figure 5.5. Which diagram shows the price-consumption curve resulting from a decrease in the price of good X?
A. A
B. B
C. C
D. D