If total population is measured, where does the United States rank?
A. First
B. Second
C. Third
D. Fourth
E. Fifth
Answer: C
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In the liquidity trap a small change in interest rates produces ________ change in the quantity of money demanded
A) a small B) no C) a proportionate D) a very large
Given the data in the above table, what is the marginal revenue when the 15th unit is sold?
A) $7.00 B) $5.00 C) $3.00 D) $1.00
Which of the following events would cause an upward movement along the demand curve for olives? a. The number of people who purchase olives decreases
b. Consumer income decreases, and olives are a normal good. c. The price of pickles decreases, and pickles are a substitute for olives. d. The price of olives rises.
_____ occurs when mothers are trying to re-enter the workforce after a long break for child birth
a. Frictional unemployment b. Structural unemployment c. Seasonal unemployment d. Cyclical unemployment