Which of the following individuals would be considered unemployed?
a. a lawyer temporarily working as an assistant in a law firm
b. a computer technician who has not worked for 10 months and gave up looking 4 months ago
c. a full time student who feel that he is taking too many classes to work
d. none of the above
d
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Most regional trade and WTO agreements practice
A) the harmonization standards only. B) separate standards only. C) mutual recognition standards only. D) a combination of harmonization, mutual recognition, and separate standards. E) only the standards set out by the WTO.
As a patent in a the pharmaceutical industry expires, the market for these drugs
a. Can now be categorized as a competitive market b. Can now be categorized as a monopolistic market c. Was and is still a monopolistic market d. Was and is still a competitive market
The two basic reasons why economists often appear to give conflicting advice to policymakers are differences in
a. opinions and education. b. opinions and values. c. scientific judgments and education. d. scientific judgments and values.
A(n) _______ does not pose the problem of scarcity; one use of the good is not an alternative to another use.
A) free good B) scarce good C) economic good D) monetary good