If Jose is 22-years old, is available to work but does not have a job and made no specific efforts to find a job for the previous month, Jose is classified in the Current Population Survey as
A) not in the labor force.
B) not in the working-age population.
C) unemployed.
D) in the labor force but not in the working-age population.
E) employed.
A
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When one country "dumps" some of its products in another country, it
A) increases the aggregate level of employment in the importing country, thereby depressing that nation's market wages. B) also exports new technology to the importing nation and thereby indirectly boosts the importing nation's real GDP. C) sells its products abroad at a price lower than the price in the home market or lower than the cost of production. D) also exports pollution-causing technologies and thereby creates environmental hazards in the receiving country.
When the British import more American goods, this event:
A. Increases the supply of American dollars B. Increases the demand for British pounds C. Decreases the supply of American dollars D. Increases the supply of British pounds