The best example of a cyclically unemployed individual is
A) Charles who lost his job as a real estate salesperson when the housing market went soft because of a recession.
B) Alice who quit her job to enter college.
C) Mary who lost her job in the textile industry following a decrease in the tariff on textiles.
D) Bob who has just graduated from college and is entering the labor market.
A
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Many people buy no more than one iPad because:
A. There's always a shortage of iPads B. The MU/P of a second iPad is quite low for many people C. The price of iPads has increased significantly D. iPads have quickly become obsolete
Since the 1970s, the share of income in the top fifth of households
A. has steadily increased. B. has steadily decreased. C. has remained relatively constant. D. dipped in the 1980s but increased since.