If Lola is classified as a discouraged worker, she is
A. part of the labor force.
B. not part of the labor force.
C. structurally unemployed.
D. frictionally unemployed.
Answer: B
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Based on the data in the table above, ice cream and cake are ________ goods
A) inferior B) normal C) substitute D) complementary E) Both answers B and D are correct.
In Japan, recycling is prevalent and landfill use is small relative to the United States because
a. the Japanese are more conscientious b. there is no externality problem there c. land is relatively more scarce in Japan d. the Japanese have better recycling technology e. littering is illegal there
Why does the aggregate demand (AD) curve slope downward? What could cause the AD curve to shift to the right? What impact would a rightward shift of the AD curve have on the economy?
Classicals:
A. generally favor laissez-faire policies. B. believe that all unemployment is cyclical unemployment. C. believe that frictional unemployment does not exist. D. generally favor activist government policies.