Gordon recommends that government macroeconomic policymakers focus on
A) reducing inflation to zero.
B) creating a national job finding service to reduce frictional unemployment to near zero.
C) creating "enterprise zones" to move jobs to areas of concentrated unemployment.
D) programs to match more closely the job skills of the unemployed to those of job vacancies.
D
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The indifference curve in the above figure
A) could illustrate a person's preferences for identical computer disks made by two different companies. B) could illustrate a person's preferences for right-handed and left-handed gloves. C) has a marginal rate of substitution that at first decreases and then increases. D) None of the above statements is correct.
List and describe the two government agencies that enforce antitrust laws in the United States
What will be an ideal response?
Suppose residents of Toadhop live on the Quabache River, a river prone to flooding. Suppose there are 1000 (type A) people who value flood control more than the 1000 (type B) people. Type A Demand QD = 100 ? P Type B Demand QD = 50 ? P Where Q measures the quality of flood control. If the price of a unit of flood control is $100,000 and the citizens of Toadhop gather for a townhall meeting to
find the socially optimal level of flood control, and they are successful, how much will each type B individual contribute in total? a. 1875 b. 1500 c. 875 d. 625
All of the following are examples of human capital except:
A. the ability to write clearly. B. knowledge of word processing programs. C. the ability to coordinate labor effectively. D. a computer which has top-of-the-line word processing software.