Individuals who are not working and are not actively looking for work are counted as unemployed if they have looked for work in the past.
Answer the following statement true (T) or false (F)
False
Economics
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The average level of tariffs on imported products charged by industrialized countries changed between 1946 and 1990
a. from 5 percent to 40 percent. b. from 40 percent to 5 percent. c. from 10 percent to 20 percent. d. from 20 percent to 10 percent.
Economics
The last time gas prices increased drastically, sales of large Sport Utility Vehicles (SUVs) fell. Why?
A. Higher gas prices lowered the benefit of driving an SUV. B. Higher gas prices increased the cost of driving a SUV. C. Higher gas prices lowered the cost of driving a SUV. D. Higher gas prices increased the benefit of driving an SUV.
Economics