A reentrant is an individual
A) in the labor force whose employment was involuntarily terminated.
B) who used to work full time but left the labor force and has now reentered it looking for a job.
C) in the labor force who quits voluntarily.
D) who has never held a full-time job lasting two weeks or longer but is now seeking employment.
B
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Suppose new oil reserves are discovered that were not previously known. What happens to the user cost of oil?
A) Decreases B) Increases C) Remains the same D) May increase or decrease, depending on the discount rate
Which curve summarizes inequality visually?
A. Laffer curve B. Income Inequality curve C. Gini curve D. Lorenz curve
The national debt increased by nearly $2 trillion in the 1980s because of all of the following except
A. Defense spending. B. Recessions. C. Tax cuts. D. College financing.
Adam Smith argued that a nation would be wealthier if it engaged in
a. fraud b. free trade c. theft of other nations resources d. genocide