To be counted as employed by the BLS, in the week before the survey the person must have worked for pay
A) at least 1 hour.
B) at least 5 hours.
C) more than 20 hours.
D) 40 hours.
E) None of the above is right because the BLS counts as employed anyone who works volunteer hours at a non-profit institution.
A
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An economy with population 500 million has a research and development productivity of 0.0005, and its output per person has risen from one period to the next along its balanced growth path from 350 to 362.5
The fraction of this economy's population engaged in research and development is ________. A) 14% B) 2.5% C) 3.6% D) 10 %
Monopoly profits cannot persist in the long run, because there are barriers to entry
a. True b. False Indicate whether the statement is true or false
The interest on excess reserves is:
A. unrelated to the federal funds target rate range. B. the target federal funds rate. C. the lower bound of the federal funds target rate range. D. the upper bound of the federal funds target rate range.
Marginal analysis suggests that you will engage in more of an activity if the:
A. total benefit of the activity is less than the total cost. B. additional benefit from the activity exceeds the additional cost. C. additional cost of the activity exceeds the additional benefit. D. total benefit from the activity exceeds the total cost.