Louise is unemployed due to a decrease in the demand for workers with a knowledge of a certain word processing language. This is an example of
What will be an ideal response?
Structural Unemployment
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Which of the following "magnet countries" has the largest share of immigrants as a percent of its labor force?
A. Australia B. United States C. Canada D. United Kingdom
Refer to the information above. What is the approximate value of the multiple of combined physical and human capital that the rich country must have in order to produce 10 times the output per person of the poor country?
A) 1000 B) 100 C) 25 D) 15
Refer to Figure 8.2. If the firm expects $80 to be the long-run price, how many units of output will it plan to produce in the long run?
A) 22 B) 34 C) 38 D) 50 E) 64
Which of the following is a form of a direct tax?
a. Personal income tax b. Sales tax c. Excise duty d. Import tariff e. Value-added tax