Suppose that inventories are falling. We could expect that, in the future:


A.
Unemployment will likely increase

B.
Unemployment will likely decrease

C.
We can't predict what will happen to unemployment

D.
Real GDP will likely decrease


B.
Unemployment will likely decrease

Economics

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Under the cartel, the individual firm's quantity is (assuming that it wants to cheat on its quota) Figure 42.2 

A. Q1. B. Q2. C. Q3. D. Qb.

Economics

Which of the following is an example of the bequest motive for saving?

A. Pat puts $400 per month in his 401(k) retirement account. B. Gerry and Terry put $2,000,000 in a trust fund that will go to their children when they die. C. Jordan sets aside $200 per month in case she has to pay for a new roof for her house. D. Chris keeps $15,000 in a money market account to pay expenses in case he loses his job.

Economics

Consider gardening books. What will happen to the market for these books as gardening becomes more popular and simultaneously printing costs increase?

A) The price of gardening books definitely increases. B) The quantity of gardening books definitely increases. C) The price of gardening books might increase or decrease. D) The quantity of gardening books definitely stays the same.

Economics

Normal goods will experience decreasing demand when incomes decrease.

Answer the following statement true (T) or false (F)

Economics