A marginally attached worker is a person who ________
A. works part time for economic reasons
B. works part time for noneconomic reasons
C. doesn't work, is available and willing to work, but hasn't looked for job recently
D. has no job but would like one and has gone back to school to retrain
C Answer C is essentially the definition of a marginally attached worker.
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The amount earned by owners of the nation's factors of production is
A) total income. B) private and government transfer payments. C) the wages and fringe benefits received by the nation's workers. D) all profits received by businesses.
All of the following are problems associated with commodity money EXCEPT
A) it is a cumbersome form of payments system. B) commodities tend to have little value in and of themselves. C) its value is dependent on its purity. D) costs are incurred in certifying the purity and weight of commodity money.