The natural rate of unemployment consists of
A. only seasonal unemployment.
B. unemployment associated with high inflation.
C. only structural unemployment.
D. structural and frictional unemployment.
Answer: D
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Thailand's experience with pegging the baht to the dollar failed because the baht was ________ relative to the dollar, and China's experience with pegging the yuan to the dollar has run into difficulties because the yuan has been ________ relative to
the dollar. A) overvalued; undervalued B) undervalued; undervalued C) undervalued; overvalued D) overvalued; overvalued
Increasing the federal budget deficit will contribute to increasing the federal government debt
Indicate whether the statement is true or false
Assume that when price is $20, quantity demanded is 9 units, and when price is $19, quantity demanded is 10 units. Based on this information, what is the marginal revenue resulting from an increase in output from 9 units to 10 units?
A) $20 B) $19 C) $10 D) $1
Annual demand and supply for the Entronics company is given by:
QD = 5,000 + 0.5 I + 0.2 A - 100P, and QS = -5000 + 100P where Q is the quantity per year, P is price, I is income per household, and A is advertising expenditure. a. If A = $10,000 and I = $25,000, what is the demand curve? b. Given the demand curve in part a., what is equilibrium price and quantity? c. If consumer incomes increase to $30,000, what will be the impact on equilibrium price and quantity?