When output rises, unemployment falls

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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In the short run, the point at which diminishing marginal returns to labor begin is the point at which the marginal cost curve

A) peaks. B) bottoms out. C) is upward sloping. D) is downward sloping.

Economics

An increase in the price of inputs used to produce good A will:

a. increase supply, increase price and increase the quantity exchanged. b. increase demand, increase price and increase the quantity exchanged. c. decrease supply, increase price and decrease the quantity exchanged. d. decrease supply, decrease price and decrease the quantity exchanged.

Economics

The issuer of a bond is a lender

Indicate whether the statement is true or false

Economics

If income increases, the budget line:

A. rotates counterclockwise. B. shifts to the right. C. rotates clockwise. D. shifts to the left.

Economics