A worker is unemployed if he:
A) has been working part-time and has been actively looking for full-time work.
B) does not have a job and is not actively looking for a job.
C) is working from home and drawing a weekly salary.
D) does not have a job and has been actively looking for one in the prior four weeks and is available for work.
D
Economics
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In listing both the amount and cost of Wal-Mart's 2014 sales, this Application is addressing the economic concept of
A) chain-weighted indexes. B) value added. C) real versus nominal GDP. D) GDP as a measure of welfare.
Economics
Refer to Figure 24-2. Ceteris paribus, a decrease in the capital stock would be represented by a movement from
A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.
Economics