Author Question: The New York Times reported in November 2008 that 240,000 additional people lost their jobs which ... (Read 34 times)

biggirl4568 · **on:** Jun 29, 2018

The New York Times reported in November 2008 that 240,000 additional people lost their jobs which increased the unemployment rate to 6.5 percent.

In addition, it was noted that a large number of college graduates were taking jobs that do not require a college degree. It was also expected that teens will be thrown out of the labor market....causing youths to miss experience that could help them prepare for higher-skilled jobs. The article reflects the idea that unemployment is a problem because it results in A) a loss of human capital.
B) fewer discouraged workers.
C) a loss of income.
D) a decrease in the labor force.

Question 2

In the above figure, the lowest price for which the firm will sell its second ton of wheat is

A) 25.
B) 50.
C) 75.
D) 100.