Unemployment correlated with the ups and downs of the business cycle is called:
Fill in the blank(s) with the appropriate word(s).
cyclical unemployment.
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Which of the following would cause a decrease in the price of a good?
A) an increasing shift in the supply of a good and no shift in demand B) a decreasing shift in the supply of a good and no shift in demand C) an increasing shift in the demand for good and no shift in supply D) an increasing shift in the demand for good and a decreasing shift in supply
When members of a group enjoy different opportunities that cannot be attributed to differences in ability,
a. discrimination is said to occur b. comparable worth laws are ineffective c. licensing agreements must be in effect d. all wages in the market will be the same e. the demand for labor will increase
Polly estimates that if she spends another $10,000 to upgrade the computer equipment at her tax preparation company, the number of tax returns she can handle will increase from 200 to 280 . She charges an average of $50 to do each tax return. The MRP per dollar of this $10,000 upgrade is
a. $10,000 b. 25 percent c. $4,000 d. 100 percent e. 40 percent
If the money multiplier decreased from 20 to 12.5, then
a. the Fed increased the reserve ratio from 5 percent to 8 percent. b. the Fed increased the fed funds rate from 5 percent to 8 percent. c. the Fed decreased the reserve ratio from 8 percent to 5 percent. d. the Fed decreased the fed funds rate from 8 percent to 5 percent.