Author Question: Which of the following statements regarding the unemployment rates in the U.S. between 1971 and 2002 ... (Read 59 times)

Kikoku · **on:** Jun 30, 2018

Which of the following statements regarding the unemployment rates in the U.S. between 1971 and 2002 is true?
a. The unemployment among the whites were much lower compared to the non-whites.
b. The unemployment rate for all workers reached a low of 2.9 percent in 1982.
c. The unemployment rate of both male and female workers have consistently increased from 1971 to 1998.
d. The whites had much higher unemployment rates than the nonwhites.
e. Teenagers reported the lowest unemployment rates in the country.

Question 2

To an economist, rational self-interest means that individuals try to weigh the expected marginal (additional) benefits and marginal (additional) costs of their decisions.
a. True
b. False
Indicate whether the statement is true or false