In April 2017, the U.S. unemployment rate was highest for
A) whites.
B) Hispanics.
C) high school dropouts.
D) African Americans.
E) Asians.
Answer: D
You might also like to view...
What is the first round effect on the components of aggregate demand, if the government increases spending (assume fixed exchange rates and financing through the real credit market)?
a. Aggregate demand increases and net exports decrease. b. Aggregate demand and net exports do not change c. Aggregate demand decreases and net exports increases. d. Aggregate demand and net exports increase. e. Aggregate demand and net exports decrease.
A country undertakes a revaluation in order to:
A. increase its net exports. B. decrease its net exports. C. lower the value at which its currency is pegged. D. move to a flexible exchange rate system.
Which of the following clearly restricts the competitive market process?
A) Selling below cost B) Selling above cost C) Selling at cost D) Setting a price above marginal cost E) None of the above.
Excludability matters because it:
A. allows owners to set an enforceable price on a good. B. allows consumers to control the price of a good. C. creates a perceived scarcity that allows the seller to keep the price artificially high. D. creates a perceived scarcity that causes buyers to have an inelastic demand for the good.