Monetarists believe that the underlying economy is stable.
Answer the following statement true (T) or false (F)
True
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Consider the labor market below. 
In the absence of any government intervention, the equilibrium wage is ________ per hour, and the equilibrium employment level is ________ workers per hour.
A. $4; 200 B. $12; 200 C. $8; 400 D. $12; 600
Over the next few years more and more people prefer to ride on scooters. Which of the figures above best illustrates how this change affects the demand curve for scooters?
A) Figure A B) Figure B C) Figure C D) Figure D E) None of the above answers is correct because the change in tastes will affect the supply curve not the demand curve.
Which of the following will NOT cause a rightward shift in the demand curve for beer?
A) A change in the price of beer B) A health study indicating positive health benefits of moderate beer consumption C) An increase in the price of French wine (a substitute) D) A decrease in the price of potato chips (a complement) E) none of the above
The fee that insurance companies collect in exchange for covering unpredictable costs is called a:
A. prepaid event charge. B. preventative payment. C. premium. D. ultimatum.