The television network newscaster reports that the national inflation rate the past year equaled 4 percent. This report would be of particular interest to a ____
a. microeconomist.
b. normative economist.
c. macroeconomist.
d. Ceteris paribus.
e. social science economist.
c
You might also like to view...
Suppose Campus Books, a profit-maximizing firm, is the only supplier of the textbook for a given class. The marginal cost of supplying each book is constant and equal to $10, and Campus Books has no fixed costs. The table below shows the reservation prices of the eight students enrolled in the class.StudentReservation Price($/Book)Q60R54S48T42U36V30W30X30 If Campus Books is permitted to charge 2 prices, and the bookstore knows customers with a reservation price above $30 never bother with coupons, whereas those with a reservation price of $30 or less always use them, then what will be the bookstore's total economic profit?
A. $158 B. $150 C. $154 D. $130
Rent controls primarily benefit
A) property owners. B) people looking for rental units. C) builders. D) people who already occupy rental units.
The consumer price index (CPI
What will be an ideal response?
Discouraged workers are discouraged because
A. they are working part-time, but they want full-time work. B. they don't have jobs and are pessimistic about their chances of finding a suitable job. C. their employers are too demanding. D. their employers continue to underpay them.