On which of the following types of unemployment do macroeconomic tools have the greatest effect?
a. Frictional unemployment
b. Seasonal unemployment.
c. Structural unemployment.
d. Cyclical unemployment.
e. All the above.
.D
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The marginal value that a consumer places on the last unit can be read off of the
a. demand curve. b. supply curve. c. contract curve. d. production possibility curve.
A group of workers who join together to improve their terms of employment is called:
a. a worker's cooperative. b. an economic group. c. a corporate team. d. a labor union.
Examples of management reports for internal decision making include all of the following except:
a. 1120S Report b. Cash Budget c. Cash Forecast d. Accounts Receivable Aging Summary
If the price of oranges went up by 20 percent, which of the following values of the cross price elasticity for apples would be most reasonable to anticipate?
A. -2.0 B. 0.0 C. 1.2 D. -0.2