Annie had a job as a human resource manager of a restaurant chain that went out of business due to a downturn in the economy
She looked for work for six months and gave up because she was convinced that she could not find a suitable job to fit her skill set. In this instance she would be counted as a A) job leaver.
B) reentrant.
C) discouraged worker.
D) labor force participant.
C
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What are the public choice theory arguments against government involvement in the economy?
The Keynesian short-run aggregate supply (SRAS) curve
A. assumes a full-employment level of real Gross Domestic Product (GDP). B. is horizontal. C. shows that real Gross Domestic Product (GDP) will increase only if the price level increases. D. does not reflect any changes in nominal Gross Domestic Product (GDP).
Suppose the government is interested in mitigating the effects of CO2 emissions on climate change. Which of the following would be the most effective economic policy for reducing CO2 emissions?
a. A carbon tax levied on polluters per ton of CO2 b. A price floor imposed on the price of CO2 c. A carbon subsidy on polluters per ton of CO2 d. A sternly worded letter from the UN detracting companies who polluting
All else equal, a major paper manufacturer filing for bankruptcy and shutting down as a result of an IRS tax evasion investigation would cause a move from
a. SA to SB. b. y to x. c. x to y. d. SB to SA.