Which of the following is most likely a topic of discussion in macroeconomics?
a. an increase in the price of a pizza
b. a decrease in the production of DVD players by a consumer electronics company
c. an increase in the wage rate paid to automobile workers
d. a decrease in the unemployment rate
d
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In the above figure, the unregulated, competitive market equilibrium is tuition of ________ and the equilibrium quantity is ________ students in college
A) $18,000; 30 million B) $12,000; 40 million C) $6,000; 50 million D) $18,000; 50 million
What functions does capital income serve in the economy?
What will be an ideal response?
It may be demonstrated that any protectionist policy, which effectively shifts real resources to import competing industries or sectors will harm export industries or sectors. This may, for example, happen by the strengthening U.S
dollar in the foreign exchange market. Would you propose therefore that export industries lobby against protectionism in International Trade Commission proceedings? What of consumer advocates? Discuss the pros and the problems of such a suggestion.
The natural rate of unemployment: a. is the sum of both frictional and structural unemployment when they are at a maximum. b. includes only frictional unemployment
c. includes only structural unemployment. d. includes only cyclical unemployment.