Whom does the Bureau of Labor Statistics include in the "discouraged workers" group?

a. All those between 16 and 65 who are neither disabled nor in an institution and are also neither employed nor seeking employment.
b. Civilian labor force members who have chosen early retirement because they dislike their work or think the pay is too low.
c. Members of the noninstitutional population who say they want to be employed but aren't searching for a job.
d. Members of the civilian labor force who are looking for a job but cannot find one.
e. Anyone in the population who is not working.

c

Economics

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New Keynesian theories of efficiency wages imply

a. voluntary unemployment. b. real wage rigidity. c. changes in unemployment represent changes in the natural rate of unemployment. d. market clearing in the labor market in the long-run. e. None of the above

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Americans buying Japanese cars:

A. supply U.S. dollars and demand Japanese yen. B. demand U.S. dollars and demand Japanese yen. C. supply both U.S. dollars and Japanese yen. D. demand U.S. dollars and supply Japanese yen.

Economics