A marginally attached worker
i. does not have a job and has not looked for one in the last month.
ii. is available and willing to work.
iii. must work at least 1 hour per week.
A) iii only
B) ii only
C) ii and iii
D) i and ii
E) i only
D
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According to President Reagan’s Executive Order 12291,
a. economic criteria had to be met when reviewing any major regulation b. a major regulation was defined as one having an annual effect of $1 million or more c. only least cost is needed in evaluating major rules, with no consideration for maximizing net benefits d. incremental benefits of policy must be maximized, with no consideration for minimizing incremental costs
During the 1990s, which of the following did NOT occur?
A) Private savings fell. B) Investment rose. C) Public savings increased. D) The United States received capital inflows. E) Private savings was greater than investment for most of the 1990s.
The founder of the American Federation of Labor was
A) John L. Lewis. B) Samuel Gompers. C) Walter Reuther. D) Ralph Nader.
Suppose the government imposes rent control (a price ceiling) below the equilibrium price for rental housing. Which of the following could result?
a. Tenants risk breaking rent control law. b. The quality of existing rental housing deteriorates. c. Shortages. d. All of these.