Compared to Italy, the U.S. has a ________ union membership percentage of its labor force.
Fill in the blank(s) with the appropriate word(s).
lower
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A central bank like the Federal Reserve in the United States can help banks survive a bank run by
A) raising the discount rate. B) acting as a lender of last resort. C) printing money. D) increasing the required reserve ratio.
When Clean City banned the air pollution that still plagues Smogville, over time, we would expect that:
a. The residents of Clean City are happy with the decision b. The residents of Smogville are happy that they did not enact a similar law c. House prices in Clean City will have risen d. All of the above
In 2016 the Bureau of Labor Statistics reported that there were 23.5 million people over age 25 who had no high school degree or its equivalent. Of these 9.7 million were employed and .75 million were unemployed. What were the labor-force participation rate and the unemployment rate for this group?
a. 41.3% and 3.2% b. 41.3% and 7.2% c. 44.5% and 3.2% d. 44.5% and 7.2%
Which would most likely increase aggregate supply?
A. An increase in the prices of imported products. B. A decrease in net exports. C. An increase in productivity. D. A decrease in business subsidies.