The above figure shows a graph of the market for pizzas in a large town. No pizzas will be demanded unless price is less than
A) $0.
B) $5.
C) $12.
D) $14.
D
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The first stage in the regulatory process is
A) a crisis. B) response by the financial system. C) regulation. D) regulatory response.
When investors become irrationally optimistic that an asset's price will continue to rise, it causes a financial bubble to:
A. start to inflate. B. be on the verge of bursting. C. burst. D. become doubted by most serious investors.
Labor productivity can increase without capital deepening with changes in
a. saving b. technology c. the quality of natural resources d. the natural resource base e. the capital-labor ratio
Structural unemployment is a result of
a. difficulties in matching qualified workers with available jobs. b. inaccurate or costly information about job opportunities. c. slow or negative economic growth, as during a recession. d. not enough workers to fill available jobs.