An economist claims that changes in information technology and unemployment insurance have reduced unemployment. Which of these changes affect frictional unemployment?
a. both the changes in information technology and unemployment insurance
b. only the changes in information technology
c. only the changes in unemployment insurance
d. neither the changes in information technology nor the changes in unemployment insurance
a
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Which of the following statements is false?
A. The issuer of a bond is a borrower. B. The person who buys a bond is a lender. C. Interest earned on corporate bonds is exempt from federal income taxes. D. The coupon rate on a bond is the percentage of the face value that the bondholder receives annually until the bond matures.
Government regulations to reduce the possibility of financial panic include all of the following EXCEPT
A) transactions costs. B) restrictions on assets and activities. C) disclosure. D) deposit insurance.
Which questions need to be answered when tracing costs during a customer profitability analysis?
a. What are your cost objects? b. What processes does each customer initiate? c. What activities comprise each process? d. What resources are used by each activity? e. All of the above
The Coase bargaining solution applies to a situation when there is a ________ number of affected parties, and the transactions costs of bargaining are relatively ________.
A. large; high B. large; low C. small; high D. small; low