In August 2006, the Canadian unemployment rate was 6.4 percent. In August 2008, the Canadian unemployment rate was 6.1 percent. Between August 2006 and August 2008, the number of job losers ________, the number of job leavers ________, and the number of entrants and reentrants ________.
A) decreased; did not change much; decreased
B) decreased; increased; increased
C) decreased; decreased; increased
D) decreased; increased; decreased
E) did not change much; increased; increased
A) decreased; did not change much; decreased
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Which of the following statements is correct? I. A drop in the foreign exchange value of the dollar would decrease aggregate demand II. A decrease in the amount of money in circulation would increase aggregate demand
A) I only B) II only C) Both I and II D) Neither I nor II
One of the primary objectives of the WTO is:
a. to create trade restrictions across the countries. b. to reduce trade barriers created by the different countries. c. to enable certain countries to maintain their autarkic conditions. d. to enable the western countries to emerge as major players in the international trade. e. to redistribute wealth from the first world to the third world countries.
Which of the following is true about a differentiated-product Bertrand duopoly?
A. Firm 1 and firm 2's prices will equal marginal cost. B. Firm 1 and firm 2's prices will exceed marginal cost. C. Firms in a differentiated-product Bertrand duopoly cannot earn positive economic profits in the long run. D. Firm 1's price will always be above marginal cost, while firm 2's price will be equal to marginal cost.
Real appropriations for Head Start have grown ________ enrollment.
A. at the same rate as B. at a rate only slightly less than the growth in C. much faster than D. much slower than the growth in