When a firm experiences negative technological change it can produce the same output with fewer inputs

The economic way of thinking assumes people, including Mother Teresa, Jack the Ripper, Henry VIII, and Hilary Rodham Clinton, act on the basis of

A) greed. B) altruism. C) terror. D) the projects they are interested in.

People who are not currently employed, but say they want a job, are counted as unemployed only if they

A) are actively seeking employment. B) are between 16 and 65 years of age. C) are willing to accept a reasonable offer. D) have no other source of income. E) have previously held a job.