During the Winter Olympics in Vancouver, some residents rented rooms to visitors. This behavior
A) helped reduce the shortage of hotel rooms caused by the high demand during the Olympics.
B) reduced the demand for tickets to the Olympics since many local residents left town while they rented out space in their homes.
C) hurt the hotel market in Vancouver in the long run because new hotels that should have been built were not built for the Olympics.
D) raised the demand for hotel rooms in Vancouver and should have been prevented by the city of Vancouver.
A
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The rate of unemployment can be calculated by
a. simply dividing all unemployed persons by all employed persons. b. subtracting those employed from the total labor force to find the number of unemployed and express this number as a percent of the total labor force. c. subtract those unemployed from the total labor force and express this number as a percent of the total labor force. d. dividing all unemployed by the population.
Assumptions in models tend to make
A) the model predict what the scientist wants the results to be. B) the model more realistic. C) the model more applicable to specific circumstances. D) the model always predict the future accurately.