When the labor force is constant and unemployment is at its natural rate,
A) (the rate of job finding × the number of unemployed workers) = (the rate of job separation × the number of employed workers).
B) (the rate of job finding × the number of employed workers) = (the rate of job separation × the number of unemployed workers).
C) (the rate of job finding × the rate of job separation) = (the number of unemployed workers × the number of employed workers).
D) (the rate of job finding + the rate of job separation) = (the number of unemployed workers + the number of employed workers).
A
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Child abuse investigators are responsible for:
a) assessing the safety of children who are at risk of maltreatment. b) deciding what types and levels of services may be immediately needed to keep children safe. c) determining under what conditions children must be placed in out-of-home care for their protection. d) all of the above
For the monopolistically competitive firm, the demand curve it faces will be flatter:
A. the more differentiated the good is. B. the less differentiated the good is. C. the more complementary the good is. D. the less complementary the good is.
Answer the following statements true (T) or false (F)
1. Collateral means something valuable—often property or equipment—that a lender would have a right to seize and sell if the loan is not repaid. 2. Insurance companies price their premiums based on what each customer can afford to pay. 3. Adverse selection is a type of asymmetric information in which the seller has more information than the buyer, making it hard for the buyer to know how much to pay. 4. In many cases of asymmetric information, the seller has more information than the buyer. When the buyer has more information, the problem is known as “adverse selection.” 5. Firms can raise the financial capital they need in four main ways: (1) from early-stage investors; (2) by reinvesting profits; (3) by borrowing through banks or bonds; and (4) by selling stock.
In an open economy, the supply of loanable funds comes from national saving
a. True b. False Indicate whether the statement is true or false