Most unemployed low-skilled workers are ______.
a. between QD and QS
b. to the left of QD
c. to the right of QS
d. between 0 and QS
a. between QD and QS
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The Consumer Price Index is calculated by the
A) Federal Reserve Bank of New York. B) Department of Commerce. C) Bureau of Labor Statistics. D) Department of Labor. E) Society for Consumer Protection.
When the Dallas Cowboys score more than 30 points in a game, they win the game. This is an example of
A) an economic theory. B) a correlation. C) an incentive to win the game. D) a normative statement. E) a statement on the margin.
The government currently has a time limit on welfare. Although families may be eligible for welfare on more than one occasion, eligibility per family runs out after
a. six months of benefits b. two years of benefits c. five years of benefits d. ten years of benefits e. never
To counter a speculative attack on an overvalued currency, the monetary policymakers must ________ monetary policy and to fight a recession the monetary policymakers must ________ monetary policy.
A. tighten; ease B. ease; tighten C. tighten; tighten D. ease; ease