To be considered unemployed, a worker must have had
A) no employment during the week before the survey and be actively looking for a job.
B) part-time employment while actively looking for a full-time job.
C) no employment during the week before the survey and be actively looking for a job while a student.
D) no employment during the day before the survey and be actively looking for a job.
E) Both answers A and B are correct.
A
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Ultimately, quotas ________ the ability of foreign countries to buy the domestic country's exports and therefore ________ wealth
A) increase; create B) increase; destroy C) reduce; create D) reduce; destroy
According to the graph shown, if the government decides to increase taxes, it is most likely at equilibrium:
A. A B. B C. C D. D
Large countries are ________ susceptible to immiserizing growth than small countries because when large countries expand their exports, their terms of trade
A. more; worsen. B. less; worsen. C. more; improve. D. less; improve.
When universities announce a large tuition increase and follow it with an announcement that more financial aid will be available, they are assuming that students who pay full tuition:
A. have elastic demand and students who use financial aid have inelastic demand. B. have inelastic demand and students who use financial aid have elastic demand. C. view a college education as a normal good and students who use financial aid view it as an inferior good. D. view a college education as an inferior good and students who use financial aid view it as a normal good.