When more people who are not working start looking for jobs, the labor-force participation rate increases.

Answer the following statement true (T) or false (F)


True

Economics

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Assuming that the demand and supply of a good have moved in the same direction, and by the same amount, the new equilibrium would represent: a. an increase in price and an increase in quantity exchanged

b. no change in price and an increase in quantity exchanged. c. a decrease in price and a decrease in quantity exchanged. d. no change in price, and an indeterminate change in quantity exchanged.

Economics

Which factor will not cause an increase in the supply of good X?

A. an improvement in the technology used to produce good X B. an increase in the price of inputs used to produce good X C. a decrease in the price of labor used to produce good X D. an increase in the number of firms that sell good X

Economics

Refer to the information provided in Figure 13.4 below to answer the question(s) that follow.  Figure 13.4Refer to Figure 13.4. The profit-maximizing level of output for this monopolist is ________ units of output.

A. 20 B. 22 C. 24 D. 26

Economics

Which of the following is NOT an example of physical capital?

A) a computer B) a lawn mower C) a dump truck D) a building E) a bond

Economics