One criticism of the unemployment rate is that it
A) is a stock measure.
B) does not include people who are not working and are not looking for work.
C) does not include the number of discouraged workers as unemployed.
D) counts a new entrant that is actively seeking work as unemployed.
C
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Deficits financed by borrowed money lead to inflation, and in a fixed or crawling peg exchange rate system, this leads to the real exchange rate being undervalued
Indicate whether the statement is true or false
Whenever average cost exceeds marginal cost,
a. average cost is rising. b. average cost is falling. c. marginal cost is rising. d. marginal cost is falling.
In Figure 28.1, if pollution costs are external, the rate of output will be
A. Greater than 320 units. B. Less than 200 units. C. 200 units. D. 320 units.
Refer to the information provided in Figure 6.8 below to answer the question(s) that follow.
Figure 6.8Refer to Figure 6.8. The marginal utility of the fourth movie rental is
A. 0. B. 3. C. 25. D. 28.