The unemployment rate equals the number of people:
A. unemployed divided by the labor force.
B. unemployed plus discouraged workers divided by the labor force.
C. unemployed divided by the number employed.
D. unemployed.
Answer: A
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Which of the following goods would have the most inelastic demand?
A) bread B) big screen TVs C) luxury cars D) ski vacations
Dr. Goldfinger decides to invest in companies which he believes can "improve the productivity and efficiency" of health care services. How can Dr. Goldfinger strive to achieve this productive efficiency?
A) by investing in companies that fairly distribute their products and services B) by investing in companies that produce goods and services based on consumer preferences C) by investing in companies that produce up to the point where the marginal benefit of the last unit produced is equal to the marginal cost of producing it D) by investing in companies that produce goods and services at the lowest possible cost
Exchange rate transactions that involve the exchange of bank deposits at some specified date in the future are known as ________
A) backward transactions B) dog transactions C) sport transactions D) forward transactions
Answer the following statements true (T) or false (F)
1. ) The oral interview board is where candidates for promotion are given a situation and must act out how they would deal with the situation. 2. ) The written promotional test essentially measures candidates' job knowledge. 3. ) The performance appraisal can provide invaluable information when making decisions about transfers across units. 4. ) Training is the only method to manage risk for police auto liability. 5. ) The only purpose of risk management is to reduce the risk of litigation.