To be considered officially unemployed, a person must be at least 16 years old

A) and be a discouraged worker.
B) and not working.
C) and not in school and not working.
D) and not working but is actively seeking employment.

D

Economics

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One of the principal factors behind the U.S. trade deficits of the 1990s has been

a. slow growth and recession in many important trading partners. b. rapid growth and inflation in many important trading partners. c. significant depreciation of the dollar. d. rising real interest rates in the United States.

Economics

Firms that automatically enroll their employees in retirement plans, giving them the option to opt-out instead of to opt-in, is an example of a form of behavioral economics known as

A) the endowment effect. B) network externality. C) nudges. D) anchoring.

Economics