An individual in the labor force whose employment was involuntarily terminated is
A. part of the PPI.
B. a job loser.
C. a job reentrant.
D. a job leaver.
Answer: B
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How is the cost of risk calculated when making a decision with an uncertain outcome?
What will be an ideal response?
The institutions that bring together savers, borrowers, investors, and insurers in a set of interconnected markets where people trade financial products is called the:
A. market for interest rates. B. money system. C. financial system. D. market for loanable funds.
When Italy buys Boeing jets, the price Italy pays is ________ if it produced its own jets and the price Boeing receives is ________ than it could receive from an additional U.S. buyer
A) lower than; lower B) higher than; higher C) lower than; higher D) higher than; lower E) the same as; higher
If the economy is in a recessionary gap, and the government attempts to balance the budget, the effect will be to
a. counteract the recession. b. worsen and prolong the recession. c. end the recession sooner. d. increase the level of real GDP.