The Keynesian remedy for unemployment is to ?
The Keynesian remedy for unemployment is to ? A. decrease aggregate demand B. reduce tax rates or lower interest rates C. decrease government spendingD. decrease private consumption and investment
And Urbanization
Which of the following is not TRUE about rural urban migration ?
Which of the following is not TRUE about rural urban migration ? A. Migration to the cities is a larger contributor than natural population growth to urban labor growth is sub Saharan AfricaB. In Latin America natural population increase is…
The theoretical basis for zero marginal productivity of labor was the concept of ?
The theoretical basis for zero marginal productivity of labor was the concept of ? A. marginal rate of substitution B. labor force literacy C. substitution of leisure and work among laborD. limited technical sustainability of factors
The invisibly underemployed ?
The invisibly underemployed ? A. are workers who are compelled to work short hoursB. result from an inadequate use of workers capacities C. are part-time workers who voluntarily work short hours D. None of the above is correct
Which of the following is not TRUE about unemployed in LDCs ?
Which of the following is not TRUE about unemployed in LDCs ? A. The unemployment rate for youths is twice that of people over 24 B. Unemployment in rural areas is twice that of urban areasC. World-wide there are fewer…
The openly unemployed in LDCs are usually from all of the following except ?
The openly unemployed in LDCs are usually from all of the following except ? A. persons 15 to 24 years old B. the educated C. residents of urban areasD. from the poorest 1/5 of the population
Which of the following is not capita good ?
Which of the following is not capita good ? A. plant and equipment B. buildings C. inventoriesD. consumers goods
Entrepreneurship is the ?
Entrepreneurship is the ? A. technique to manage raw materials efficiently B. residual of a production functionC. resource coordinating other productive resources D. blueprint on how to manage the labor force
Based on Nafziger and Auvinen’s study high unemployment rates ?
Based on Nafziger and Auvinen’s study high unemployment rates ? I- represent a vast underutilization of human resources II- are potential source of social unrest and political discontent III- are uncomerated with poverty and inequality in LCDs IV- are associated…
Policies to reduce factor price distortion include?
Policies to reduce factor price distortion include? I- Encouraging small-scale industry II- Decreasing subsidies to capital investors III- Reducing social security programs and payroll taxation IV- Setting market-clearing exchange rates A. I and II only B. II and III only…