When the economy is at full? employment, unemployment is equal to
What will be an ideal response?
the natural rate of unemployment.
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If Sam wants to increase her total revenue from her sales of flowers and she knows that the demand for flowers is price elastic, she should
A) lower her price to increase the demand and shift the demand curve rightward. B) raise her price because she knows that the quantity demanded will also increase. C) raise her price because she knows that the percentage decrease in the quantity demanded will be smaller than the percentage increase in price. D) lower her price because she knows that the percentage increase in the quantity demanded will be greater than the percentage decrease in price.
What is the largest category of bank assets?
A) loans B) reserves C) securities D) cash items in the process of collection
When a foreign company engages in riskier behavior after it has received international investment funds, it is known as
A. foreign direct investment. B. portfolio investment. C. moral hazard. D. adverse selection.
As price falls, quantity supplied ___________.
Fill in the blank(s) with the appropriate word(s).