Refer to the information provided in Figure 7.8 below to answer the question(s) that follow. 
Figure 7.8Refer to Figure 7.8. The slope of isocost CE is
A. -1.
B. -2/3.
C. 0.
D. indeterminate from this information, as the prices of capital and labor are not given.
Answer: B
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Bill is an accountant for a small machine shop. His boss has asked him to calculate the shop's total fixed cost. Which method will give Bill the correct answer?
a. subtracting marginal cost from total cost b. calculating the product of average total cost and quantity c. determining what the shop would pay for if they produced zero output d. adding the total variable cost to the total cost e. subtracting total variable cost from total revenue
The U.S. dollar exchange rate, e, expressed as Japanese yen per U.S. dollar, will depreciate when:
A. the U.S. Federal Reserve tightens monetary policy. B. U.S. consumers decrease their preference for Japanese cars. C. real GDP in Japan increases. D. real GDP in the U.S. increases.
To be counted as unemployed, ________.
A. you must not have a job B. you must be receiving unemployment benefits C. you must not have a job, but have actively looked for a job in the last four weeks D. you must either not have a job or be a part-time worker
What is the link between the safety net provided by the government to the financial industry and the relatively heavy regulation of the same industry by the government?
What will be an ideal response?