An unexpected decrease in inventories has a positive effect on future production.
Answer the following statement true (T) or false (F)
True
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Medicaid and SNAP (food stamps) are:
A. available only to families, not to individuals. B. counterproductive. C. forms of in-kind assistance. D. forms of cash assistance.
If the cyclical unemployment rate were 2 percent, then the overall unemployment rate would be _____ percent.
Fill in the blank(s) with the appropriate word(s).
Long-term contracts are generally preferable to:
A. short-term contracts. B. vertical integration. C. spot markets. D. None of the statements is correct.
A monopolist produces in the elastic segment of its demand curve because when it lowers the price
A) the percentage change increase in quantity demanded is greater than the percentage change decrease in price and total revenue increases. B) the percentage change increase in quantity demanded is less than the percentage change decrease in price and total revenue increases. C) the percentage change increase in quantity demanded is greater than the percentage change decrease in price and total revenue decreases. D) the percentage change decrease in quantity demanded is less than the percentage change decrease in price and total revenue increases.