How can changes over time of the average height of the people in a country help to indicate the standard of living in a country?
What will be an ideal response?
A person's height partly relies on nutritional status, which depends on a person's food intake relative to the work the person has to perform, whether the person is able to remain warm in cold weather, and the diseases to which the person is exposed. Height, then, can be used as a measure of health and well-being, and therefore a measure of the standard of living.
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Jackson lost his job when the economy went into a recession. His firm had large lay-offs due to a tremendous drop in sales volume. He is currently in school taking night classes where he is learning how to be a chef. He is actively seeking employment. What type is he?
a. cyclical b. not unemployed c. frictional d. structural
The incorrect presumption that because two events tend to occur together, one must cause the other is the:
A) confusion of economists. B) blunder of science. C) fallacy of false cause. D) error of inclusion.