Two potential problems with macro equilibrium are
A. Undesirability and instability.
B. The profit effect and the real balance effect.
C. Multiple shifts to AS and AD.
D. External shocks and policy levers.
Answer: A
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When a mall Santa Claus loses his job at the end of the Christmas season, this is an example of
a. frictional unemployment b. structural unemployment c. frictional unemployment d. seasonal unemployment e. economic unemployment
Of the following, which can be legal in hiring?
A. adverse impact discrimination B. statistical discrimination C. rational discrimination D. disparate treatment discrimination
In an open economy, the quantity supplied of TVs in the domestic market will be ________. 
A. 30,000 B. 120,000 C. 90,000 D. 60,000
The amount of labor a firm employs depends on
A) the market wage. B) the market price for the good produced. C) Both A and B. D) None of the above.