When people suddenly want to buy something, supply increases.
Answer the following statement true (T) or false (F)
False
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The unemployment rate is measured as
A) the number of people that want to work but cannot find jobs out of the entire population. B) the percentage of people in the labor force who are unemployed. C) an indicator to determine long-term economic growth. D) an indicator for potential inflation.
The Clayton Act was passed in:
a. 1887. b. 1890. c. 1914. d. 1936. e. 1952.
One reason for the recent increases in health care costs is the aging of the American population.
A. True B. False C. Uncertain
An increase in the dollar price of the Mexican peso (an appreciation of the peso) would cause
a. Mexico's imports to increase and exports to decline. b. Mexico's exports to increase and imports to decline. c. both Mexico's imports and exports to decline. d. both Mexico's imports and exports to rise.