Over the last four decades, our unemployment rate has generally been between
A. 2-6 percent.
B. 4-8 percent.
C. 6-10 percent.
D. 10-14 percent.
E. 14-18 percent.
B. 4-8 percent.
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Refer to Table 4-14. The equations above describe the demand and supply for Pauline's Pickled Pomegranates. The equilibrium price and quantity for Pauline's Pickled Pomegranates are $30 and 15 thousand units
What is the value of economic surplus in this market? A) $50 thousand B) $112.5 thousand C) $225 thousand D) $337.5 thousand
An easier monetary policy ________ the user cost of capital, which ________ net investment
A) raises, raises B) raises, lowers C) lowers, raises D) lowers, lowers
If the government issues new government bonds to finance a budget deficit, the supply of loanable funds will ________ and the equilibrium amount of investment will ________
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease
If current aggregate expenditure equals current production, an economy is in equilibrium.
a. true b. false