An underemployed worker who is looking for a full-time job is
A. Phantom unemployed.
B. Structurally unemployed.
C. A discouraged worker.
D. None of the choices are correct.
Answer: D
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Which of the following is most likely to reduce an individual's current spending?
A) Paying back a loan in the future B) Depositing money in a bank today C) Borrowing money today D) Withdrawing money in the future
The return on wealth (both human and nonhuman) is
A) a stock variable. B) income. C) measured in the form of bonds. D) a stock or flow variable depending upon whether the wealth is in the form of bonds or other financial assets.
A demand curve is a graph:
A. that visually displays the demand schedule. B. depicting various price-quantity combinations of a good for a seller. C. that shows the quantities demanded by consumers of a particular good or service at various incomes. D. that shows the quantities demanded by consumers of a particular good or service at one price.
Which one of the following is not a benefit of adopting a single currency?
(a) Reduced transaction costs. (b) Increased price transparency. (c) Lower interest rates. (d) Reduced exchange rate uncertainty.