In the above table, if the marginal factor cost is $200, how many workers would be hired?

Using the information contained in Figure 4-7 above, the initial equilibrium Y is 3500. If there is 500 of new fiscal stimulus and a constant money supply, Y will increase to ________ and the interest rate will ________

A) 4000; remain constant B) 4000; rise to 10% C) 4500; rise to 12.5% D) 5500; remain constant

The process by which sellers send signals to buyers conveying information about product quality is known as:

A) asymmetric information. B) market signaling. C) a lemons problem. D) moral hazard.

Direct consumer spending on healthcare

A. is a very large market. B. is a very small proportion of total healthcare spending. C. is often called out-of-pocket spending. D. All of the above

The real interest rate is equal to the

A) nominal interest rate plus the inflation rate. B) nominal interest rate minus the inflation rate. C) nominal interest rate times the inflation rate. D) nominal interest rate divided by the inflation rate. E) inflation rate minus the nominal interest rate.