The size of the labor force is
A) equal to the size of the population.
B) equal to the working-age population.
C) less than the number of employed workers if the number of unemployed workers is small enough.
D) less than the number of unemployed workers if the number of employed workers is small enough.
E) greater than the number of employed workers as long as there are some unemployed workers.
E
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Which of the following is not an example of informal institutions?
A) Culture B) Laws C) Ethics D) Norms.
We know that among the current account, the capital and financial account, and the official settlements account that the
A) current account plus the capital and financial account equals zero. B) current account plus the capital and financial account plus the official settlements account must sum to 100. C) current account is always larger than the capital and financial and official settlements accounts combined. D) current account plus the capital and financial account plus the official settlements account must sum to zero. E) current and capital and financial accounts sum to zero while the official settlements account must be greater than zero.
Refer to Figure 4-12 which shows the market for vitamins. Suppose the government imposes a price ceiling of Pv. How will the price ceiling affect the quantity supplied, quantity demanded, and quantity exchanged?
What will be an ideal response?
Ending the "Great Inflation" era in the 1970s is an example of
A) inflation targeting. B) exchange rate targeting. C) central bank independence. D) appointment of a more conservative central banker. E) all of the above.