One of the causes of structural unemployment is _______ shocks.
A. small, slow, and relatively permanent
B. large, quick-hitting, temporary
C. large, quick-hitting, and relatively permanent
D. large, slow, and relatively permanent
Answer: C. large, quick-hitting, and relatively permanent
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Under a gold standard in which one dollar could be turned in to the U.S
Treasury and exchanged for 1/20th of an ounce of gold and one German mark could be exchanged for 1/100th of an ounce of gold, an exchange rate of ________ marks to the dollar would stimulate a flow of gold from the United States to Germany. A) 7 B) 6 C) 5 D) 4
Between 1800 and 1910, the percentage of the U.S. population living in cities of 100,000 residents or larger went from ____ percent to roughly ___ percent
a. 15; 20 b. 10; 20 c. 5; 20 d. 0; 20