Typically, countries with high growth rates of per-capita GDP have
a. lower infant mortality rates
b. higher life expectancies
c. higher adult literacy
d. all of the above
e. higher unemployment rates.
D
Economics
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In 2015, JPMorgan Chase announced it was laying off employees. The employees who were laid off due to the business cycle would be considered
A) structurally unemployed. B) seasonally unemployed. C) cyclically unemployed. D) frictionally unemployed.
Economics
If the United States has a net export surplus, which of the following must be true?
A) Domestic private saving must be greater than net foreign investment. B) Net foreign investment must be positive as well. C) Domestic public saving must be greater than net foreign investment. D) The balance on the financial account must equal the balance on the current account.
Economics