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Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their jobs and become full time college students. This would cause

The per-worker production function has a ________ slope, indicating that increases in capital per hour worked ________ real GDP.

An increase in unemployment insurance payments would, in effect, ________ the amount of time spent searching for a job, which would increase ________ unemployment.

Refer to Table 9-1. The labor force participation rate for this simple economy equals

Figure 9-1      Refer to Figure 9-1. Based on the graph of the labor market above, if a minimum wage of $5 per hour is imposed, which of the following will result?  

The per-worker production function has a ________ slope, indicating that increases in capital per hour worked ________ real GDP.

Figure 11-4Refer to Figure 11-4. The movement from A to B to C illustrates

If the nominal interest rate is 6% and the inflation rate is 2%, then the real interest rate is

Figure 9-1      Refer to Figure 9-1. Based on the graph of the labor market above, if a minimum wage of $5 per hour is imposed, which of the following will result?  

An increase in the government budget surplus will shift the ________ curve for loanable funds to the ________ and the equilibrium real interest rate will ________.