Which of the following is included in the study of macroeconomics?
a. Salaries of college professors. b. Computer prices.
c. Unemployment in the nation. d. Silver prices.
c
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What is the best measure of the value of output of an economy?
A) NNP B) GNP C) GDP D) the GDP deflator
Explain how more than one possible state of nature affects contract choices
What will be an ideal response?
Borrowing VCU3 from an online company cause the nation's:
a. M2 money supply to rise. b. M2 money supply to fall. c. M2 money multiplier to fall. d. Monetary base to remain the same.
Which of the following people is frictionally unemployed?
A. A person who is functionally illiterate and is looking for a job in the computer industry B. A steel worker from Allentown, Pennsylvania who is still out of work three years after his plant closed C. An autoworker who is laid off until business picks up D. A homemaker returning to the labor market after a 15-year absence