The entrance of large numbers of "baby boomers" into the labor force in the 1970s and 1980s:
A. caused substantial reductions in permanent unemployment.
B. lessened income inequality.
C. increased income inequality.
D. had no impact on income inequality.
Answer: C
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If GDP per capita rises by 2% between 2015 and 2016, which of the following is necessarily true?
A) The population has increased, but by less than 2%. B) The population has decreased. C) Real GDP has risen by more than 2%. D) None of the above is necessarily true.
A bond and stock differ in that a stock is an IOU for a fixed amount and a bond is a portion of ownership.
Answer the following statement true (T) or false (F)
Evidence suggests that mergers and increased profitability do not necessarily go hand in hand
Indicate whether the statement is true or false
Describe the role of business inventory change in determining the equilibrium level of GDP and changes in the level of GDP.
What will be an ideal response?