Sonia has a BA in art history, and is currently working full-time as a waitress. The Bureau of Labor Statistics would count Sonia as:
A. underemployed.
B. employed.
C. unemployed.
D. a discouraged worker.
Answer: B
Economics
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Suppose you study abroad in England. When you purchase books and food, these transactions should really be recorded as
A) credits to the capital account and debits to the current account. B) debits to the capital account and credits to the current account. C) debits to the capital account and debits to the current account. D) credits to the capital account and credits to the current account.
Economics
From the date a U.S. patent is granted to a firm, it ceases to be a potential source of monopoly profits after
A) 20 years. B) 14 years. C) 10 years. D) 7 years.
Economics