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.
The Periodic Table (Part 1)
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Nomogram chart. This example shows a line drawn from a child’s height of 100 cm to his weight, 35 ...
Country of Birth of Authorized U.S. Immigrants
Coolest Period Table EVER
The price of rice in a small country is currently $6 per pound. In order to help low-income ...