The term "underemployed" is used to describe an individual who:
a. prefers full-time employment but works only part time
b. has given up looking for a job because he is discouraged about his prospects.
c. is jobless because of the seasonal nature of his job.
d. is jobless due to a recession in the economy.
a
Economics
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If the government removes a binding price floor from a market, then the price paid by buyers will
A. decrease, and the quantity sold in the market will increase. B. decrease, and the quantity sold in the market will decrease. C. increase, and the quantity sold in the market will decrease. D. increase, and the quantity sold in the market will increase.
Economics
A Big Mac costs $4.79 in the United States and 9.6 zlotys in Poland. If the exchange rate is 3 zlotys per dollar, what is the dollar cost of a Big Mac in Poland?
A) $1.60 B) $2.00 C) $3.20 D) $4.64
Economics