Suppose that 50 percent of the part-time workers of Metropolis are looking for full-time jobs
Given the data in Table 6.1, if these workers were counted as not employed and looking for work, the unemployment rate of Metropolis would be approximately
A) 6 percent. B) 13 percent. C) 16 percent. D) 21 percent.
B
Economics
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Which of the following happens when oligopolistic firms decide to cooperate? a. Barriers to entry are relaxed. b. Net social welfare increases. c. The same level is produced as in a monopoly
d. Consumer surplus is the same as it would be in a competitive market.
Economics
The United States _____ the highest productivity per worker in the world but also has a _________ work week than other industrialized nations.
A. has; shorter B. has; longer C. does not have; shorter D. does not have; longer
Economics