Public policy, without intending to do so, can increase frictional unemployment
a. True
b. False
Indicate whether the statement is true or false
True
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If the dollar rises in value compared to other currencies, what will happen in the United States?
A. An increase in aggregate demand B. An increase in aggregate supply C. A decrease in aggregate supply D. An increase in the U.S. price level
If a company's market cap is $5,000,000 and the value of all stocks in the index is $100,000,000 . then that company has a weight of _____ of the index
a. 1 percent b. 20 percent c. 5 percent d. 0.5 percent e. 2 percent
If a firm in an oligopoly is said to face a kinked demand curve, what do you know to be true about the kink?
a. It represents the maximum price and profit. b. It occurs at the only output level where the firm suffers loss. c. It occurs where marginal revenue is zero. d. It is not a characteristic of an oligopoly. e. It occurs at the current price.
The demand curve for any input is the MP curve
a. True b. False Indicate whether the statement is true or false