Some of the promising approaches to reducing the natural rate of unemployment have to do with education, training, and job placement. What implementation problems do you anticipate?
Training and placement programs sometimes look better on paper than they look in practice. In some cases, people are trained for jobs that do not exist by the time they finish their training?if, indeed, the jobs ever existed.
The high cost of these programs restricts the number of workers who can be accommodated, even in successful programs. For this reason, publicly supported job training is done on a very small scale in the United States?much less than in most European countries. Small expenditures can hardly be expected to make a large dent in the natural rate of unemployment.
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Given the information in the figure above, Liz has a comparative advantage in ________ because ________
A) smoothies; her opportunity cost of producing smoothies is lower than Joe's B) salads; her opportunity cost of producing salads is lower than Joe's C) smoothies; she can produce more smoothies per hour than Joe can D) salads; she can produce more salads per hour than Joe can E) both goods; she can produce more of both goods per hour than Joe can
Simple majority voting will generate the same result whether taxes are equally divided or unequally divided
Indicate whether the statement is true or false