At what rate is GDP growth reported?
a. monthly, at an annualized rate
b. quarterly, at a quarterly rate
c. monthly at a quarterly rate
d. quarterly, at an annualized rate
d. quarterly, at an annualized rate
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What is the relationship between imports and employment?
What will be an ideal response?
Adverse selection in insurance requires that
a. all people face the same risk b. potential customers facing more risk are no more interested in purchasing insurance c. people are risk averse d. insurers can tell higher risk people from lower risk people
The following is an example of adverse selection
a. A majority of those applying for well paid jobs are well qualified b. More reckless drivers opt for cars with fewer safety devices c. Individuals living in less secure neighborhoods want to buy more insurance d. Individuals with a strong family history of heart diseases opt to buy less insurance
In the U.S., the National Labor Relations Board is the government agency that enforces workers' right to unionize
a. True b. False Indicate whether the statement is true or false