Which of the following people would be counted as is employed in the Current Population Survey?
A) Rich, who is working 20 hours a week but wants a full-time job
B) Misty, who just quit her job to return full-time to school
C) April, who just graduated from college and is looking for work
D) Jason, who was laid off from work less than 6 months ago but who has stopped looking for work
A
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Which statement below is the best summary of the economic point of view?
A) Society is created and designed by the government. B) Society is controlled by major business conglomerates. C) Society is an unintended outcome of individuals pursuing their own projects. D) All of the above. E) None of the above.
In the graph above, what do the dotted lines represent?
A) transaction and opportunity costs B) the boundaries of profitability for arbitrage C) the risk premium associated with the countries D) the variability in spot rate expectations
The short-run Phillips curve shows that as the unemployment rate goes down, _____
a. unemployment benefit payments go up b. prices go down c. the Phillips curve shifts outward d. the inflation rate goes up e. there is no change in the rate of inflation
A polluting company can be billed in proportion to its pollution through
A. Emission charges. B. Tradable pollution permits. C. Higher user fees. D. Privatization.