A __________ is a person who was employed in the civilian labor force and was either fired or laid off
A) new entrant
B) reentrant
C) job leaver
D) job fixer
E) none of the above
E
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In the figure above, which budget line has the lowest relative price of compact discs?
A) AD B) BD C) CD D) The relative price is equal for all three budget lines.
In 2002, the United States imposed restrictions on the importation of steel into the United States. The open-economy macroeconomic model shows that such a policy would
a. lower the real exchange rate and increase net exports. b. lower the real exchange rate and have no effect on net exports. c. raise the real exchange rate and decrease net exports. d. raise the real exchange rate and have no effect on net exports.
Why is does the minimum job proposal pay a maximum of $9 an hour? Group of answer choices
A. To compete with the Federal minimum wage of $7.25 per hour. B. To provide an attractive alternative to dangerous jobs. C. Those who do not participate at this wage don't really want a job. D. Those who do not participate are owed higher wages.
Refer to the diagram, in which Q f is the full-employment output. A contractionary fiscal policy would be most appropriate if the economy's present aggregate demand curve were at:
A. AD 0 .
B. AD 1 .
C. AD 2 .
D. AD 3 .