A fruit picker is most likely to be
What will be an ideal response?
seasonally unemployed
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Factors that cause a decrease in the demand for credit at a given real interest rate cause:
A) the credit demand curve to shift to the right. B) an upward movement along the credit demand curve. C) the credit demand curve to shift to the left. D) a downward movement along the credit demand curve.
If production of a good creates an external cost, the amount of output where the marginal social benefit equals the marginal private cost is
A) inefficient. B) inequitable. C) unattainable. D) efficient.
The minimum point on the marginal cost curve corresponds to the:
A. maximum point on the total cost curve. B. minimum point on the total cost curve. C. inflection point on the total variable cost curve. D. midpoint of the total cost curve.
An increase in the inflation rate of one country relative to another country will probably cause
A) an increase in exports for the inflating country. B) a balance of trade deficit for the inflating country. C) a current account surplus for the inflating country. D) an increase in the amount of official reserves held by the inflating country's central bank.