Indicate which of the following individuals would be included in the labor force as defined by the Census Bureau
A) a teenager looking for a part-time job
B) a man waiting for recall from a layoff
C) a woman who has accepted a new job but has not yet begun working
D) All of the above would be included in the labor force.
D
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Which of the following statements best defines hyperinflation?
A) It is a situation when the annual rate of inflation in an economy is between 20% to 50%. B) It is a situation when the annual rate of inflation in an economy exceeds 50%. C) It is a situation when the annual rate of inflation in an economy is between 10% to 20%. D) It is a situation when the annual rate of inflation in an economy is between 0% to 10%.
Graphically, an increase in the market demand for coffee is shown by:
a. a rightward movement along the market demand curve for coffee. b. a rightward shift in the market demand curve for coffee c. a leftward movement along the market demand curve for coffee. d. a leftward shift in the market demand curve for coffee.
An example of a good that is not excludable is:
A. a candy bar. B. a movie in a theater. C. fish in the ocean. D. wireless connection to the Internet.
If the Fed sells government bonds on the open market, which of the following will NOT occur?
A. The money supply will contract. B. The market rate of interest on corporate bonds will increase. C. The market rate of interest on government bonds will increase. D. The interest rate will fall.