Refer to the information above. The official unemployment rate is
A) .1.
B) .2.
C) .33.
D) .4.
E) .66.
C
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An example of an investment is
A. the purchase of a share of Berkshire Hathaway stock. B. the purchase of an iPhone by a company for one of its salesmen. C. the purchase of a government Treasury bill. D. all of the above
Nominal GDP differs from real GDP because:
A. Nominal GDP is based on constant prices B. Real GDP is based on current prices C. Real GDP results from adjusting for changes in the price level D. Nominal GDP results from adjusting for changes in the price level
The problem with adopting a normal profit pricing policy for a natural monopoly is that ________.
A. profits will be positive B. losses will be large and sustained C. it is not allocatively efficient D. it is allocatively efficient
All of the following methods can be used to motivate agents to advance the principal's agenda rather than their own except for which one?
A) offering stock options B) offering profit sharing C) offering sales commission D) offering certification