If total private-sector employment increased from 15,000 in March to 15,750 in April, then we know for sure that
A) the private sector created 750 jobs during that time frame.
B) the unemployment rate deceased during that time frame.
C) the change in private-sector employment was 750 during that time frame.
D) All of the above answers are correct interpretations of the information.
C
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Currently, the United States has an import quota on the amount of sugar that is allowed to be imported into the United States
What would happen to the price of sugar in the United States if the import quota was removed? What would happen to U.S. consumption and U.S. production of sugar?
If the national debt is owed entirely to U.S. citizens,
a. paying off the debt will necessarily stimulate growth. b. future interest payments on the debt are not a burden to the nation as a whole. c. future economic growth will necessarily be slowed. d. the debt constitutes a burden to these citizens.
You are staying in London over the summer and you have a number of dollars with you. If the dollar appreciates relative to the British pound, then other things the same,
a. the dollar would buy more pounds. The appreciation would discourage you from buying as many British goods and services. b. the dollar would buy more pounds. The appreciation would encourage you to buy more British goods and services. c. the dollar would buy fewer pounds. The appreciation would discourage you from buying as many British goods and services. d. the dollar would buy fewer pounds. The appreciation would encourage you to buy more British goods and services.
Refer to the information provided in Table 22.1 below to answer the question(s) that follow. Table 22.1
Refer to Table 22.1. The labor-force participation rate is
A. 66.7%. B. 75.0%. C. 77.8%. D. 80.9%.