The effect of an extention in upemployment benefits on the unemployment rate in the country.
A. MicroEconomics
B. MacroEconomics
Answer: Macroeconomics
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Consumers' total benefit from consuming a good is equal to the
A) total amount spent on the good. B) consumer surplus on the quantity purchased. C) consumer surplus plus the total amount spent on the good. D) consumer surplus minus the total amount spent on the good. E) total amount spent on the good divided by the number of units purchased.
In the long-run ISLM model and with everything else held constant, the long-run effect of an expansionary fiscal policy is to ________ real output and ________ the interest rate
A) increase; increase B) not change; not change C) increase; not change D) not change; increase
The basic disadvantage of a proprietorship is unlimited liability.
Answer the following statement true (T) or false (F)
One way to avoid the principal-agent problem would be to have:
A. the employee constantly monitor the employer's activities. B. the employer constantly monitor the employee's efforts. C. the employer share all management choices with employees before making decisions. D. the employee sign a waiver of release.