Rob is considered unemployed in the Current Population Survey if he
A) does not have a job and stopped looking for a job at least two months ago.
B) is in his last term of college before he graduates.
C) has looked for a job in the last four weeks but has not found a job.
D) has a part-time job but would like a full-time job.
E) has worked at least 1 hour but not more than 15 hours as a paid employee during the last week.
C
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One of the reasons that import substitution is popular is that
a. there was never any demand for the products in question b. infant industries would have to compete against global rivals c. it benefits suppliers to the favored domestic industries d. it slows down the progression through the production chain e. the emphasis is on comparative advantage and trade expansion
An expansionary fiscal policy will lead to
a. higher interest rates, an appreciated dollar, and reduced net exports. b. higher interest rates, an appreciated dollar, and increased net exports. c. reduced interest rates, an appreciated dollar, and reduced net exports. d. reduced interest rates, an appreciated dollar, and increased net exports.