Parts of the unemployment rate which might increase when labor market conditions are better do include:
a. Those who voluntarily quit existing jobs
b. Those who are newly entering the labor force.
c. Those who are re-entering the labor force after leaving it earlier.
d. All of the above.
d
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Refer to Figure 29-1. Europe experiences an economic boom. Assuming all else remains constant, this would be represented as a movement from
A) D to A. B) C to B. C) B to A. D) D to C.
The break-even investment line becomes flatter when the depreciation growth rate ________ or the labor force growth rate ________
A) increases; decreases B) increases; increases C) decreases; increases D) decreases; decreases
The Solo Coal Mine is the only employer in the small town of Way out there. The market supply of coal miners is Qs = 0.02W - 400 and Qd = 500 - 0.02W, where W is the annual wage of a coal miner and Q is the number of coal miners. What is the profit maximizing number of coal miners for the coal mine to hire?
A. 300 B. 150 C. 100 D. 33.33
There are situations in which average revenue and price are different
Indicate whether the statement is true or false