Samantha quit her job in the city to look for a job in the country. While she is looking, Samantha experiences _______ unemployment.
A. Structural
B. Seasonal
C. Frictional
D. Cyclical
C. Frictional
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If the exchange rate goes from $2.00 = 1 € to $1.80 = 1 €, the result is a
A) 10% depreciation of the euro with respect to the dollar. B) 10% depreciation of the dollar with respect to the euro. C) 10% appreciation of the euro with respect to the dollar. D) None of the above.
What is the present value of four payments of $5,000 at the end of each of the next four years if the interest rate is 2 percent?
A) $9,430.50 B) $20,000.00 C) $19,038.64 D) $18,358.12
During the last four decades, defense expenditures have
a. accounted for approximately one-half of federal expenditures. b. accounted for less than 10 percent of federal expenditures. c. been increasing as a share of federal expenditures. d. been declining as a share of federal expenditures.
This table represents the revenues faced by a monopolist. PriceQuantity SoldTotal RevenueAverage RevenueMarginal Revenue$1,0001$1,000 $9002$1,800 $8003$2,400 $7004$2,800 $6005$3,000 $5006$3,000 $4007$2,800 Using the information in the table shown, the marginal revenue of the 6th unit is:
A. $0 B. $500. C. -$200 D. $3,000.