In the figure above, the quantity of low-skilled labor employed is

A) 2,000 hours per day.
B) 4,000 hours per day.
C) 5,000 hours per day.
D) 7,000 hours per day.

C

Economics

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At a given nominal rate of interest, when spending is equal to output and there is uncovered interest parity, we have:

A) real exchange rate parity. B) equilibrium in the goods market and in the forex market. C) stable inflation and low unemployment. D) depreciation of the home currency.

Economics

Income received but not earned is

a. national income b. personal income c. personal disposable income d. indirect business taxes e. transfer payments

Economics