For a worker to be potentially available, he or she must
A) know about the jobs available at a particular firm.
B) be in the relevant geographic market and be willing to work for minimum wage.
C) have most of the skills required by the firm only.
D) have the skills required by the firm and be in the relevant geographic market.
D
Economics
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Caroline has saved $100,000 for her retirement. She earned 4 percent interest on that money during the year 2013. If the inflation rate was 1 percent in 2013, what was Caroline's real interest rate?
A) $4,000 B) 5 percent C) 1 percent D) 4 percent E) 3 percent
Economics
A fall in the rate of people's time preference in general tends to
A) increase interest rates. B) decrease interest rates. C) have no effect on interest rates. D) have no effect at all in the market for credit.
Economics