________ is a company that obtains funds primarily from wealthy investors and uses the funds to make complicated, often risky investments

A) A mutual fund
B) A pension fund
C) A hedge fund
D) An investment bank

C

Economics

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An increase in the labor force participation rate

A) means there are more discouraged workers. B) implies that the unemployment rate must fall. C) implies that the unemployment rate must rise. D) is consistent with either a rise or a fall in the unemployment rate.

Economics

Suppose two countries have identical growth rates of real GDP and the same initial value of per capita real GDP. We know, then, that

A) living standards may differ in the two countries because we don't know how income is distributed in the countries. B) economic well being is the same in both countries. C) living standards in the two countries are probably identical, or very close to each other. D) life expectancies are the same in both countries.

Economics