Which of these economies has the highest saving rate?
A) Greece
B) China
C) United States
D) Brazil
E) Japan
B
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A member of the labor force is defined as someone who is _______ .
a.already employed or actively seeking work. b.who is above the age of 16. c.who is employed. d.who is employed on a part-time basis. e.already employed on a full-time basis.
In 1937-1938, the number of unemployed
A. fell dramatically by about 5 million. B. fell slightly by about 1 million. C. rose slightly by about 1 million. D. rose dramatically by about 5 million.
Adam Smith's invisible hand principle stresses the tendency of
What will be an ideal response?
An increased federal budget deficit resulting from a recession can actually help stabilize an economy, because corporate profits tend to fall in a recession which, in turn, results in ________ corporate taxes and ________.
A. higher; more tax revenue for the government B. higher; larger profits for businesses C. lower; fewer spending cuts for businesses D. lower; increases in the price level