Juanita quit her job to move to Santa Fe to be closer to her family. She is actively looking for a new job in Santa Fe. Juanita is considered:
A. structurally unemployed.
B. cyclically unemployed.
C. frictionally unemployed.
D. not to be unemployed.
Answer: C
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The value of a loan of $500 after a year at 3 percent interest is:
A. $509. B. $515. C. $565. D. $1,500.
A primary emphasis of the Keynesian school is the economy:
a. has a tendency to always create a full-employment level of output. b. has a tendency to always create inflationary pressure at all levels of output. c. has a tendency to eliminate unemployment by lowering wage rates to create an equilibrium in the labor market. d. is driven by the supply-side of the market. e. has a tendency to be in equilibrium at less than full employment.
Common stock differs from preferred stock in that
a. common stock carries a guaranteed interest return b. preferred stock is only issued to the original creators of the corporation c. preferred stock is only issued to the largest investors in the corporation d. common stock carries the right to vote at shareholder meetings e. preferred stock carries the right to vote at shareholder meetings
Public goods are
A. nondepleteable and nonexcludable. B. depleteable and excludable. C. nondepleteable but excludable. D. depleteable but nonexcludable.