The authors of the textbook would not want to say you were "littering" when you toss your peanut shells under your seat at a major league baseball game because
A) peanut shells are biodegradable.
B) someone is going to clean up after you.
C) the games are played outside.
D) the stadium is public property and public property is no one's property.
E) the people in charge of putting on the game don't mind at all.
E
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A decrease in the population of an economy is likely to lead to lower wages and a lower quantity of labor used
Indicate whether the statement is true or false
Reserve requirements on bank deposits are set by
A) the SEC. B) the Federal Reserve board of governors. C) the Federal Reserve district banks. D) Congress.
If the cross-price elasticity of demand is -3, then
a. the goods are substitutes b. one good is price inelastic c. one good is an inferior good d. one good is a luxury good e. the goods are complements
The unemployment rate is defined as: a. unemployed workers plus discouraged workers, divided by the total population over the age of sixteen. b. part-time workers plus full-time workers, divided by the total population over the age of sixteen
c. the percentage of the labor force that is unemployed. d. the percentage of the population over the age of sixteen that is unemployed.