Answer:
The answer is: D) Persons quitting part-time jobs to look for full-time ones
Explanation:
In order for an individual to be considered unemployed, some requisites must be met:
- the individual is an adult, capable of working
- the individual is currently out of a job
- the individual is actively looking for a job
If individuals who have part time jobs (part time jobs are considered employment) quit to look for full time jobs. This is a type of frictional unemployment; when someone quits his job in order to search a better job.
Answer: the major railroad companies
Explanation: In 1883, the major railroad companies in USA divided the time zone into four parts to simplify the time differences among them as well as for internal operations.
This was initiated at the industrial era and is still followed by the rail road companies in USA. The grouping of zones was important because of the large size of USA.
Hence, we can conclude that Option A is correct.
Answer:
While total utility measures the aggregate satisfaction an individual receives from the consumption of a specific quantity of a good or service, marginal utility is the satisfaction an individual receives from consuming one additional unit of a good or service.
Answer:
If RUS > RUK, then E < F ( C )
Explanation:
RUS = annual risk free rate in united states
RUK = annual risk free rate in United kingdom
F = futures price of $/BP for 1 year
E = spot exchange rate for $/BP
To get a higher the future price
this conditions must be met
The annual risk free rate of the united states must be higher than the annual risk free rate of the united kingdom. if this condition is met then the the British pound will have a forward premium ( F ) > ( E )