Persons who are retired or engaged in own-home housework are considered to be in which of the following categories?
A) in the civilian labor force
B) not in the labor force
C) employed
D) unemployed
B
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The Miami Dolphins play football in Joe Robbie Stadium which holds 76,500 seats. In 2009, attendance averaged about 70,000 fans per game. This means that the quantity supplied of seats is
A) 76,500. B) 70,000. C) 6,500. D) 126,500.
The demand deposit multiplier is equal to the
A) reciprocal of the reserve requirement ratio. B) reciprocal of the discount rate. C) inverse of the reserve requirement ratio. D) inverse of the discount rate.
The 2017 price level in Great Britain was relatively higher than the price level in the United States. Thus, a U.S. manufacturing facility looking to buy coal for its plant would most likely buy coal at home in the United States.
Answer the following statement true (T) or false (F)
Sarah's Soothing Diapers, Inc and Orville's Odorless Diapers, Inc are duopolists, who have agreed to collude. Orville has decided that he will comply with the collusive agreement as long as Sarah cooperated in the previous period
But if Sarah cheated in the previous period, Orville will punish Sarah by cheating in the current period. Orville's strategy is referred to as a A) Nash strategy. B) tit-for-tat strategy. C) trigger strategy. D) monkey-see, monkey-do strategy.