Full employment occurs
A) only if the unemployment rate is zero.
B) only if the unemployment rate is equal to the natural unemployment rate.
C) only if unemployment is equal to structural unemployment plus cyclical unemployment.
D) None of the above answers are correct.
B
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The current yield is equal to
A) the coupon divided by the market price of the bond. B) the yield to maturity, if the bond is a coupon bond. C) the coupon divided by the par value of the bond. D) the market price of the bond divided by its par value.
All firms can increase profits using price discrimination
A) True, because market demand curves are downward sloping B) True, because firms can sell different versions of a product that is just right for an individual consumer C) False, because consumers aren't forced to buy a firm's products D) False, because some firms are in competitive markets
Some of the activities of Chase Manhattan are organized by product, some by geography, and some by customer. Therefore, Chase Manhattan is said to have a(n)
A. Uform of business organization. B. mixed design. C. Mform of business organization. D. network organization.
As more and more of a particular good is produced, which of the following rises?
a. Opportunity costs b. Unemployment c. Marginal revenue d. Profits e. Employment