A main reason the federal government may choose to spend would be the:
A. real interest rates decrease.
B. real interest rates increase.
C. desire to achieve full-employment GDP.
D. government expected to earn a large return on its spending.
C. desire to achieve full-employment GDP.
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Little Richie Lemons, a thirteen-year-old former lemonade stand owner, quit the business and now searches for an after-school job. Is he officially unemployed?
A) No, because he was never employed in the first place. B) No, because he is under 16 years old. C) Yes, because he is no longer self-employed. D) Yes, because he is looking for work.
A realtor in the real estate market is an example of
A) an end user in a shared-input market. B) a platform in a shared-input market. C) a platform in a matchmaking market. D) an end user in a matchmaking market.