The United States economy has achieved the target rate of unemployment, as set by the Full Employment and Balanced Growth Act (1978), for most years over the last few decades
a. True
b. False
B
You might also like to view...
Social Security taxes and Medicare taxes are both progressive taxes
Indicate whether the statement is true or false
If you pay $4,888 for a $5,000 face value one-year Treasury bill, what is the rate of interest you will receive?
A) 1.02% B) 2.29% C) 4.46% D) 9.78%
If ten years ago the price of a movie ticket was $5 and the average hourly wage was $10, and today the price of a movie ticket is $8 and the average hourly wage is $20, then
a. movies are now relatively cheaper in terms of work hours. b. movies are now relatively more expensive in terms of work hours. c. the relative price of movies has remained constant. d. workers now need to work longer hours to earn one movie ticket.
Refer to the following graph. If the price of bagels falls, the budget constraint in the graph will rotate:
A. out and become flatter. B. in and become steeper. C. in and become flatter. D. out and have the same slope.