Which of the following CAN be true about a person who is officially considered unemployed?
A. That person has a job
B. That person is an active member of the military
C. That person is a prisoner
D. That person has been turned down for employment in the last four weeks
Answer: D. That person has been turned down for employment in the last four weeks
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During the Great Depression of the 1930s, unemployment peaked at _____%
a. 5 percent b. 10 percent c. 20 percent d. 25 percent e. 30 percent
In which of the following occupations is union membership the highest?
a. sales b. transportation c. construction d. government
Adverse selection can only occur when there is asymmetric information
a. True b. False Indicate whether the statement is true or false
In the above table, the marginal cost of the seventh unit is
A. $5.00. B. $3.00. C. $4.00. D. $33.00.