If unemployment rate among workers with no high school diploma is represented by NS, unemployment rate among workers with an high school diploma is represented by HS, and unemployment rate among workers with a bachelor's degree is represented by BS,
then which of the following statements is true?
A) HS > NS > BS B) NS > HS > BS C) BS > HS > NS D) NS > BS > HS
B
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Which of the following is an example of a positive externality?
a. A college student buys a new car when she graduates. b. The mayor of a small town plants flowers in the city park. c. Local high school teachers have pizza delivered every Friday for lunch. d. An avid fisherman buys new fishing gear for his next fishing trip.
An economy in which output has decreased and prices have increased would suggest that there has been a:
A. negative demand side shock. B. negative supply side shock. C. positive demand side shock. D. positive supply side shock.
The era of free agency dawned in major sports in
A. 1985. B. 1977. C. 1998. D. 1946.
The demand curve that an individual competitive firm faces is known as its
A) excess demand curve. B) market demand curve. C) residual demand curve. D) leftover demand curve.