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Author Archives: Anonymous

A mother earns $500 during the year by babysitting to supple…

A mother earns $500 during the year by babysitting to supplement her household income but does not report this income when she completes her annual tax return. The production of $500 worth of child care services in this example will:

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It makes sense for Martha Stewart to hire another person to…

It makes sense for Martha Stewart to hire another person to do her ironing because:

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Which of these is NOT a reason that there are more women in…

Which of these is NOT a reason that there are more women in the U.S. labor force today than there were before 1965?

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A country has 24 million people in the labor force, and 21.5…

A country has 24 million people in the labor force, and 21.5 million of them are employed. What is the unemployment rate in this country?

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The S&P 500 Index fund is a(n) _____ fund.

The S&P 500 Index fund is a(n) _____ fund.

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Consider countries A and B. In country A, the minimum wage i…

Consider countries A and B. In country A, the minimum wage is 30% of the median wage, and in country B, the minimum wage is 60% of the median wage. As a result, the minimum wage will affect more workers in country _____ and create more unemployment in country _____.

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What is the GDP deflator if nominal GDP = $20 trillion and r…

What is the GDP deflator if nominal GDP = $20 trillion and real GDP = $18.4 trillion?

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GDP per capita is GDP divided by:

GDP per capita is GDP divided by:

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Which of these tends to be LEAST risky in its stock value wh…

Which of these tends to be LEAST risky in its stock value when the economy is in a deep recession?

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Which of these would MOST likely NOT be counted in GDP?

Which of these would MOST likely NOT be counted in GDP?

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