Thursday, July 7, 2016
Working as a welder on a production line is an example of a __________ job.
blue-collar
What is a certificate of incorporation?
a license to form a corporation
The "market basket" used by the Bureau of Labor Statistics to calculate prices is comprised of
goods and services for a typical urban consumer.
Why would an investor buy a junk bond?
Junk bonds pay higher interest.
Why would a company hire temporary workers?
They provide greater flexibility.
When determining labor force statistics, a person who once looked for work but has given up looking for a job is considered
outside the labor force.
What is the difference between real GDP and nominal GDP?
Real GDP is based on constant prices; nominal GDP is based on the current year's prices.
A certificate of deposit (CD) is considered a ___________ investment.
safe
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