Which one of the following persons would be considered unemployed?
A. a person not working who has given up searching for a job
B. a part-time worker looking for a full-time job
C. a construction worker who was laid off due to cold weather
D. a full-time college student who is not a member of the labor force
Answer: C
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Use the following graph to answer the next question. The graph suggests that the GDP price index during the period shown was generally ________.
A. decreasing B. positive C. constant D. increasing
A tariff will benefit
A) domestic producers by maintaining a higher than free-trade price. B) foreign producers by allowing them to sell at a higher price in markets with tariffs. C) consumers who are able to better afford domestically produced goods. D) All of the above answers are correct.
The demand for goods and services decreases with a rise in employment and income
Indicate whether the statement is true or false
The Nasdaq Composite Index is:
A. made up of over 50,000 firms traded on the Over-the-Counter market. B. the most broadly based index in use. C. a price-weighted index. D. made up of mainly newer firms, and heavily influenced by technology and internet companies.