Economics

An individual in the labor force whose employment was involuntarily terminated is A) a job ...

Started by TVarnum

Between points b and c in the above figure, the opportunity cost of 250 more bushels of corn is ...

Started by cabate

With reference to the difference between a change in demand and a change in quantity demanded, which ...

Started by jrubin

All of the following are considered to be unemployed EXCEPT A) job leavers. B) discouraged ...

Started by kamilo84

When examining the growth record of any nation A) all that must be examined is increases in per ...

Started by crazycityslicker

The use of data in economic models is important because A) the model's predictive value rests on ...

Started by anshika

Suppose that the market for coffee is in equilibrium at a price of 9.50 per pound and a monthly ...

Started by K@

New entrants to the labor force usually account for around ________ percent of the unemployed. A) ...

Started by Haya94

A country operates inside its production possibilities curve; this may be caused by A) unemployed ...

Started by Hungry!

A new entrant is an individual A) in the labor force whose employment was involuntarily ...

Started by bcretired

When there is an external benefit, the unregulated market A) overproduces the good or service. ...

Started by jilianpiloj

Describe the market process that should occur if the price of a product is below its equilibrium ...

Started by jace

The production possibilities curve bows out because A) production is efficient. B) of the law of ...

Started by jman1234

If we are interested in knowing whether a poor country is improving economically, we want to know ...

Started by mckennatimberlake

The Social Security system was founded A) during the Civil War, to pay pensions for veterans. B) ...

Started by APUS57

When people want to hold money to make regular planned expenditures, this is A) the transaction ...

Started by azncindy619

Real standards of living can increase A) if the country is producing the same amount they ...

Started by Hungry!

Inoculations of children against infectious diseases are A) an example of an external benefit. ...

Started by c0205847

Since 2001, the U.S. government budget deficit A) has been approximately equal to 10 of U.S. GDP. ...

Started by penza

As nominal Gross Domestic Product (GDP) rises, people will wish to A) hold less money for ...

Started by iveyjurea

Assume that CDs are a normal good and that the price of stereo equipment falls while the labor costs ...

Started by cmoore54

Economic growth may overstate changes in the standard of living if A) people are retiring at a ...

Started by bcretired

In what way is corporate income subject to double taxation? What will be an ideal ...

Started by EY67

A country has had its per capital real GDP remain constant for several years. During this period ...

Started by littleanan

A shift in demand occurs when A) the price of that good changes. B) the amount demanded of a ...

Started by nelaaney