Different Demographic Groups

question 24

Multiple Choice

Different demographic groups

• A)have identical durations of unemployment
• B)have identical unemployment rates
• C)are weighted equally in the official unemployment rate
• D)have different unemployment rates
• E)are weighted more heavily in the official unemployment rate if they have larger unemployment rates

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Definitions:

Normal Return

The typical profit that is expected from a standard investment or business activity, accounting for the cost of capital.

Computer Software

Programs and operating information used by a computer to perform specific tasks.

Total Revenue

The total income received by a firm from the sale of its goods or services before any costs or expenses are deducted.

Opportunity Cost

The value of the next best alternative that is forgone when making a decision.