Including discouraged workers in the labor market statistics would raise the unemployment rate
a. True
b. False
Indicate whether the statement is true or false
True
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Everything else equal, when domestic currency appreciates against a foreign currency:
A) the nominal exchange rate goes u
Which of the following would NOT be official reserves for Germany?
A) U.S. dollars B) the official currency of Germany C) gold D) SDRs
If the graph shown is displaying a competitive market and the market is currently offering a wage less than P*:
A. there would be a shortage of workers who want to work at that wage. B. firms would have a hard time finding employees. C. there would not be unemployment in the market. D. All of these statements are true.
Why would a firm knowingly hire lazy employees?
A) Lazy employees have positive marginal revenue product. B) Lazy employees have successfully sued firms in the past. C) The Americans with Disabilities Act mandates that laziness be considered a disability. D) Lazy employees make hard-working employees look good.