Chapter 2: Problem 20
On the following list, the most serious problem facing today's college graduate is (1.O5) a) outsourcing of jobs to forcign countries b) employment discrimination c) unemployment d) underemployment
Chapter 2: Problem 20
On the following list, the most serious problem facing today's college graduate is (1.O5) a) outsourcing of jobs to forcign countries b) employment discrimination c) unemployment d) underemployment
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Get started for freeThe closer we are to the origin and the farther away we are from the production possibilities curve (L.O6) a) the more unemployment there is b) the less unemployment there is c) the more guns we are producing d) the more butter we are producing
As a firm grows larger, (LO7) a) economics of scale set in, then diseconomies of scale b) diseconomies of scale set in, then economies of scale c) economies of scale and diseconomies of scale set in at the same time d) neither economies of scale nor diseconomies of scale set in
We would not need to economize if a) the government printed more money b) there was no scarcity c) there was less output of goods and services d) everyone received a big pay increase
Which one of the following statements is the most accurate? (LO6) a) Half of all college graduates under 25 are unemployed. b) Half of all college graduates under 25 are underemployed. c) Half of all high school dropouts are underemployed. d) Despite the recession, nearly all college graduates of the class of 2010 found jobs commensurate with their training and educational backgrounds.
Statement 1: The old Negro leagues provide an example of underemployment. Statement 2: Underemployment means basically the same thing as unemployment. (LO5) a) Statement 1 is true and statement 2 is false. b) Statement 2 is true and statement 1 is false. c) Both statements are true. d) Both statements are false.
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