Recall the Application about the manufacture of fake killer whales used to scare sea lions off the Washington coast to answer the following question(s).Recall the Application. The mold used to produce the fake killer whales is an indivisible input.
Answer the following statement true (T) or false (F)
True
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The advice to "go back to school to get retrained in a different field" would be most appropriate for which of the following types of unemployment?
A) frictional B) structural C) cyclical D) intentional
An economic boom predicts the new equilibrium wage would be:
A. higher because the labor demand curve shifts right. B. lower because the labor demand curve shifts right. C. lower because the labor demand curve shifts left. D. higher because the labor demand curve shifts left.
Exchange rate overshooting suggests that an unexpected increase in the domestic money supply by 10 percent will cause the short-run exchange rate value of the domestic currency to
A. appreciate by less than 10 percent. B. depreciate by more than 10 percent. C. depreciate by less than 10 percent. D. appreciate by more than 10 percent.
In the market for money, the demand curve is made up of
A. savers. B. neither borrowers nor savers. C. borrowers. D. a combination of borrowers and savers.