Many economists view ________ as explaining most of the increase in the natural rate of unemployment in the U.S. from 1960 to 1980
A) the rise in the percentage of young workers in the labor force
B) an increase in the percentage of the working-age population receiving disability insurance
C) a decrease in the size of the prison population
D) increased use of temporary workers
A
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In the above figure, economies of scale are present up to an output level of
A) 5,000 pounds of coffee. B) 10,000 pounds of coffee. C) 13,000 pounds of coffee. D) 15,000 pounds of coffee.
Market economies have air and water pollution, but nonmarket economies
a. have much less pollution. b. have pollution that is much worse than in market economies. c. have about the same amount of pollution as market economies. d. don't generally suffer from external effects of any sort.
Emissions permits allow polluters to pay for the right to pollute a specified amount
a. True b. False Indicate whether the statement is true or false
Using your table, calculate the total amount of income and consumption and deduce the value of the national income multiplier
What will be an ideal response?