How will increased usage of the Internet by employers and employees influence the job search process?
a. It will make job-related information more costly and, therefore, tend to increase the rate of unemployment.
b. It will make job-related information less costly and, therefore, tend to increase the rate of unemployment.
c. It will make job-related information more costly and, therefore, tend to reduce the rate of unemployment.
d. It will make job-related information less costly and, therefore, tend to reduce the rate of unemployment.
D
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Using the information in the table above, net exports equals
A) $1,370 billion. B) $650 billion. C) $20 billion. D) -$70 billion.
When the feedback effects from income to the money market are included,
a. a given change in the money supply will cause a smaller change in the quantity of money demanded. b. a given change in the money supply will cause a larger change in the interest rate c. given change in the money supply will cause no change in the interest rate d. a given change in the money supply will cause a smaller change in the interest rate e. a given change in the money supply will cause a larger change in the quantity of money demanded.
If demand increases and supply decreases, the change in the equilibrium price will be ________, and the change in the equilibrium quantity will be ________.
A. uncertain; positive B. positive; uncertain C. positive; positive D. positive; negative
One In the News feature reports that General Motors planned to essentially quit making cars and trucks in the United States for nine weeks from mid-May through July 2009 and Omaha Power planned to close one of its nuclear plants permanently. Based on these particular news clips, what is the difference between GM's and Omaha Power's decisions?
A. Omaha Power was trying to get rid of excess inventory, and GM was trying to become more efficient. B. There is no difference between GM's and Omaha Power's decisions; both were trying to get rid of excess inventory. C. GM was trying to maximize profits while Omaha Power was trying to minimize losses. D. GM's decision to idle plants was a short-run shutdown decision. Omaha Power, by contrast, made a long-run decision to exit a specific market.