The table above shows the labor market for the country of Pickett. When the labor market is in equilibrium, the real wage rate is ________ and ________ of labor a year are employed.
A) any value less than 25 an hour; any value greater than 40 billion hours
B) any value greater than 30 an hour; any value more than 40 billion hours
C) any value greater than or equal to 25 an hour; any value less than 40 billion hours
D) 30 an hour; 40 billion hours
Question 2
Because of a bank merger, Ms. Davis lost her position as Vice President and had to seek work with other banks. Ms. Davis has the skills necessary to find a new job, thus she is best considered as
A) frictionally unemployed.
B) cyclically unemployed.
C) structurally unemployed.
D) naturally unemployed.
Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph
Stratigraphic section of the Fayum shows the relative age of early anthropoid fossils.
Child Labor Rates and GDP Worldwide
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
Country of Birth of Authorized U.S. Immigrants
Overallocation of Labor to Sector 1