The United States will always have unemployment

a. True
b. False


A

Economics

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Last year the CPI was 177.1 and this year the CPI was 180.9. What is the inflation rate between these two years?

What will be an ideal response?

Economics

The individual firm maximizes its total profit by producing the level of output at which the difference between marginal revenue and marginal cost is as large as possible

Indicate whether the statement is true or false

Economics

The discretionary change of government expenditures or taxes to achieve national economic goals is

A) a direct expenditure upset. B) fiscal policy. C) Ricardian-equivalence theorem. D) supply-side economics.

Economics

Assume the government is concerned about the high price of Atlantic Red Crab and announces that it is going to shorten the fishing season to one week

What impact will this have on the quantity of crab caught and the price of crab? Will this actually result in greater protection of the Atlantic Red Crab?

Economics