Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, a decrease in unemployment may be represented by the movement from
A. B to A.
B. C to D.
C. B to D.
D. A to C.
Answer: B
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Since 1994, obesity rates in the United States
A) have increased in all 50 states. B) have been on a slow and steady decline. C) have primarily increased in the Southeast and remained constant or slightly decreased in the remainder of the country. D) have remained fairly constant throughout the country.
Real business cycle theory emphasizes the effect of ________ on economic performance
A) government spending B) the money supply C) aggregate supply shocks D) tax rates
The cross elasticity of demand for substitute products must:
a. be greater than one. b. be less than one. c. be zero. d. exceed zero. e. be negative.
If a pair-wise majority vote was held and the voters' preferences are shown in the table, which option would win overall?
A. Public transportation
B. Public zoo
C. Public parks
D. It is impossible to predict which option would win.