Unemployment compensation, by ________ layoffs at firms whose sales have declined, ________ the natural rate of unemployment
A) encouraging, raises
B) encouraging, lowers
C) discouraging, raises
D) discouraging, lowers
A
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Which of the following statements about markets and industries is TRUE?
A) A market includes buyers but not sellers. B) A market includes sellers but not buyers. C) An industry includes buyers but not sellers. D) An industry includes sellers but not buyers.
Which of the following is false?
a. People looking for full-time work who grudgingly settle for a part-time job are counted as employed, even though they are only "partly" employed. b. Some people working in the underground economy could be counted in labor statistics as unemployed, while others may be counted as not in the labor force. c. Unemployment rates can be quite different across different segments of the population, as well as varying substantially over time. d. None of the above are false; all are true.
In 2010, the proportion of all poverty-level families headed by a female was
a. approximately one-fourth. b. approximately one-third. c. approximately half. d. more than three-fourths.
If average labor productivity in two countries is the same, average living standards will be lower in the country with:
A. the smaller population. B. the lower share of population employed. C. the larger population. D. the higher share of population employed.