An individual in the labor force whose employment was involuntarily terminated is
A) a job leaver.
B) a job loser.
C) a job reentrant.
D) part of the PPI.
B
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Lisa views pizzas and burritos as goods. If she prefers a bundle of four burritos and four pizzas to a bundle of four burritos and five pizzas, which property of consumer preference is violated? What change in the assumptions could lead a rational
consumer to prefer the first bundle?
In the game in Scenario 13.7, the strategy pair that pays
A) $69,000 to each player is the only equilibrium. B) ($0, -$1000 ) is the only equilibrium. C) (-$1000, $0 ) is the only equilibrium. D) $0 to each player is the only equilibrium. E) $69,000 to each player and the strategy pair that pays $0 to each player are equilibria.
If you are willing to purchase a house for $500,000 and you purchase the house for $500,000 . this transaction will generate: a. There is no surplus created for either of the party
b. $0 worth of seller surplus and unknown amount of buyer surplus. c. $0 worth of buyer surplus and unknown amount of seller surplus. d. No information provided.
The supply of leather jackets would be expected to increase as a result of:
A. the expectation that the price of leather jackets will rise in the future. B. an increase in the popularity of leather jackets. C. an increase in the price of leather jackets. D. a decrease in the cost of producing leather jackets.