Problems with interpreting the unemployment rate as a measure of labor market tightness include
A) those not in the labor force.
B) dissatisfied workers.
C) marginally attached workers.
D) biases in the CPI.
C
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Which of the following best represents search costs?
A) Dinesh has to spend time and effort to make sure that the chemical factory is living up to the agreed upon bargain that it will reduce the pollution it is releasing into the local river by 50 percent. B) Laila needs to come up with enough cash to pay the owners of the paper manufacturing plant, its attorneys, accountants, and negotiators so that a bargain can be reached with the paper manufacturer to reduce air pollution. C) Esperanza has to spend time and effort locating and organizing all the other people who have been adversely affected by the strong odors emanating from the local slaughterhouse in order to initiate the bargaining process. D) Rafael has to spend time determining whether the fertilizer manufacturer, the lead smelter, or the oil refinery is the cause of pollution seeping into the groundwater in his local community.
Ramona has decided that she will only purchase a one-year Treasury bill with a face value of $15,000 if she receives an interest rate of 4.125%. How much will Ramona end up paying for this Treasury bill?
A) $12,447.66 B) $14,381.25 C) $14,405.76 D) $15,618.75
Approximately what percentage of total health care spending goes toward hospital care?
a. One-tenth. b. One-fifth. c. One-fourth. d. One-third. e. One-half.
A multinational company is one which
a. is owned by individuals in more than one country b. has production facilities in more than one country c. markets its product in more than one country d. is owned by individuals in one country but has its production facility in another country e. is owned in part by private individuals and by governments