The Bureau of Labor Statistics divides the adult population into two categories: those who are employed and those who are unemployed
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
In May, Jones thinks the upcoming summer's corn crop will be much lower, and the November corn price will be much higher than most people expect. To act on his belief, Jones would
A) sell November corn futures. B) buy November corn futures. C) simultaneously buy and sell November corn futures. D) profit only by waiting to see if his original conclusion was correct.
The change in any factor other than ________ would shift the demand curve
a. Weather b. interest rate c. Price d. all of the above
Refer to the accompanying figure. If Laura and Chris are the only two consumers in this market, then the market demand for hamburger will be 9 pounds per week when the price of hamburger is:
A. $1.00 per pound. B. $2.50 per pound. C. $1.50 per pound. D. $2.00 per pound.
Prices are particularly sticky:
A. when there are widespread macroeconomic and monetary disturbances in the economy. B. in the long run. C. when markets are highly competitive. D. when the economy is at full employment and positive demand shocks are occurring.