In the circular-flow diagram, payments for labor, land, and capital flow from firms to households through the markets for the factors of production

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Rick lost his job as a logistics and distribution coordinator nearly three years ago. After a long and failed search, Rick finally gives up and stops looking for a new job

Rick's decision to suspend his job search causes the unemployment rate to ________ and the labor force participation rate to ________. A) increase; stay the same B) increase; increase C) increase; decrease D) stay the same; decrease E) decrease; decrease

Economics

The Basel Committee ruled that regulators in other countries can ________ the operations of a foreign bank if they believe that it lacks effective oversight

A) restrict B) encourage C) renegotiate D) enhance

Economics