Evidence from research studies by economists
a. shows that increased unemployment benefits decrease the job search efforts of the unemployed.
b. shows that increased unemployment benefits have virtually no effect on the job search efforts of the unemployed.
c. shows that increased unemployment benefits increase the job search efforts of the unemployed.
d. is conflicting on what increased unemployment benefits do to the job search efforts of the unemployed.
a
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Refer to Figure 4-3. What is the total amount that Kendra is willing to pay for 2 ice cream cones?
A) $1.50 B) $3.00 C) $5.50 D) $6.50
The arrival of inexpensive information technology, such as personal computers and inexpensive telecommunications:
a. discouraged de-integration. b. increased the optimal size of firms. c. shifted the long-run average cost (LRAC) curve of firms downward. d. shifted the marginal cost of firms upward.
Trade-offs arising from limited resources give rise to:
a. rational self-interest b. opportunity costs c. unlimited wants d. scarce resources
A change that increases the real money supply relative to real money demand causes
A) the LM curve to shift down and to the right. B) the LM curve to shift up and to the left. C) the IS curve to shift down and to the left. D) the IS curve to shift up and to the right.