The above table shows answers given by people interviewed in the Current Population Survey. Which people are structurally unemployed?
A) A, B, C, and D
B) A, B, and C
C) B and C.
D) A, B, and D
C
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Institutions that channel funds from people who have them to people who want them are called:
A. financial intermediaries. B. corporations. C. the Federal Reserve. D. governmental agency.
In the circular flow model, firms purchase in the
a. money market and sell in the product market b. product market and sell in the resource market c. resource market and sell in the money market d. product market and sell in the product market e. resource market and sell in the product market
At the point where total utility is at its peak, marginal utility is
a. zero b. positive c. negative d. positive, but declining e. positive, but increasing
The United States Social Security system
A. pays benefits in direct accordance to what each individual has paid into the system. B. has paid the current generation of recipients less in benefits than it paid in payroll taxes. C. has paid the current generation of recipients more than it paid in payroll taxes. D. paid the earlier generations more and the current generation less than each paid in payroll taxes.