The unemployment rate is equal to
a. the number unemployed divided by the labor force.
b. the number unemployed divided by the population.
c. the number unemployed divided by the number employed.
d. the labor force divided by the population.
a
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The order of the letters along the rows of computer keyboards could be changed to allow users to type faster, but this would inconvenience the vast majority of people who learned to type with the current keyboard layout
The costs of switching to a new layout make this change unlikely. This is an example of A) how consumers sometimes do not behave rationally. B) how the elasticity of demand for typewriters has been affected by externalities. C) path dependency. D) how social influences overwhelm the substitution effect of a price change.
As output and employment contracted during the early 1930s, policy makers
What will be an ideal response?
Refer to the graph shown.
A possible explanation for the difference between the distribution of income before taxes and the distribution of income after taxes shown in the graph is that the tax system:
A. is progressive. B. is proportional. C. is regressive. D. does not affect income inequality.
In 2014, the U.S. spent ________ to educate ________ elementary and secondary school students.
A. $599 billion; 110 million B. $700 billion; 63 million C. $440 billion; 152 million D. $223 million; 152 million