According to the graph shown, consumer surplus is area:
A. A + B + C.
B. B.
C. A.
D. A + B.
C. A.
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Who among the following would not be considered officially unemployed?
a. Jones, who quit his job to look for a better job in another part of the country b. Jason, who got fired from his job when the government cut spending c. Bourne, who is looking for a job after being out of the labor force for five years d. Sophie, who retired early because she disliked her current job e. Annie, who dropped out of the labor force after a year of job search
_______ status is given if an organization has a cultural, artistic, educational, or other public benefit.
a. For-profit b. Not-for-profit c. Charitable organization d. Sole proprietorship e. LLC
The money supply decreases if the Fed
a. sells Treasury bonds. The larger the reserve requirement, the larger the decrease will be. b. sells Treasury bonds. The smaller the reserve requirement, the larger the decrease will be. c. buys Treasury bonds. The larger the reserve requirement, the larger the decrease will be. d. buys Treasury bonds. The smaller the reserve requirement, the larger the decrease will be.
Refer to the information below. It is clear that diminishing returns sets in after ________ workers per day.Number ofWorkers Per DayOutputPer Day0011328315424532639
A. 3 B. 4 C. 5 D. 6