Except for recessions, the duration of unemployment for the typical person lasts
A) less than six months.
B) six to nine months.
C) over nine months.
D) over one year.
E) over five years.
A
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A total benefits package can increase a person's total compensation by ________ or more
a. 10 percent b. 20 percent c. 30 percent d. 55 percent
A very hot summer in Atlanta will cause
a. the demand curve for lemonade to shift to the left. b. the demand for air conditioners to decrease. c. the demand for jackets to decrease. d. a movement downward and to the right along the demand curve for tank tops.
Which statement is true?
A. Most monopolistic competitors are large firms. B. Monopolistic competitors produce goods or services for which there are no close substitutes. C. Monopolistic competitors usually operate at the minimum point of their average total cost curves. D. None of these statements are true.
There is much debate about whether the U.S. government should eliminate the penny from circulation and instead round all prices to the nearest 5 cents for everyday cash transactions. Which function of money does a penny not serve well?
a) Medium of exchange b) Unit of account c) Store of value d) The penny does not serve any of the functions of money well.