In a market where the forces of demand and supply operate without government intervention, the market price will

A. always be the equilibrium price.
B. generally stay above the equilibrium price.
C. generally stay below the equilibrium price.
D. tend toward the equilibrium price.


D. tend toward the equilibrium price.

Economics

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Countries that have greater employment protection laws than other countries generally have ________ unemployment rates, with spells of unemployment tending to ________

A) lower; last longer B) lower; be shorter C) higher; last longer D) higher; be shorter

Economics

Referring to Table 4.2, Box H should be filled with 

A. $10. B. $30. C. $20. D. $0.

Economics

Refer to the diagram, in which Q f is the full-employment output. If the economy's current aggregate demand curve is AD 0 , it would be appropriate for the government to:



A.  reduce government expenditures and taxes by equal-size amounts.
B.  reduce government expenditures or increase taxes.
C.  increase government expenditures or reduce taxes.
D.  reduce unemployment compensation benefits.

Economics

A graph shows the price of a pound of cucumbers on the vertical axis and the quantity of new cars sold by Honda on the horizontal axis. The price of a pound of cucumbers remains constant as the quantity of new cars sold increases

The graph of these data is a A) vertical line. B) positively sloped line. C) curve with a maximum. D) negatively sloped line. E) horizontal line.

Economics