People who are only working part-time, but want to be working full-time, are classified officially as:
A. unemployed and in the labor force.
B. unemployed and out of the labor force.
C. employed and in the labor force.
D. employed and out of the labor force.
Answer: C
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To track the public debt over time and understand its significance to the economy, it is best
A. calculated relative to the money supply. B. measured relative to the gross domestic product. C. examined relative to budget surpluses. D. to compare it to imports, exports, and the trade deficit.
Research seems to suggest that corporate culture
A) is unrelated to stock performance. B) is closely related to stock performance. C) helps determine the cost of capital. D) is easily transferable across organizations.
The nominal exchange rate is 30 Thai bhat for one U.S. dollar. A sub sandwich combo deal in the U.S. costs $6 dollars in the U.S. and 120 bhat in Thailand. The real exchange rate is
a. 3/8 b. 2/3 c. 3/2 d. 8/3
Contractionary monetary policy affects domestic income in a way that causes:
A. a fall in the value of the dollar. B. output to rise. C. exports to fall. D. imports to fall.