Your firm sells club soda in both grocery stores and convenience stores. You have a budget of $550 for store displays, and must decide how to allocate this budget between grocery stores and convenience stores to maximize the total number of sales. The following table shows the total number of units that can be sold in grocery stores and convenience stores, according to the number of displays in each type of store. Displays in grocery stores cost $150 each and displays in convenience stores cost $100 each. 
Given the above information, to maximize the total number of sales, you should choose
A. 3 grocery store displays and 4 convenience store displays.
B. 3 grocery store displays and 3 convenience store displays.
C. 1 grocery store display and 4 convenience store displays.
D. 3 grocery store displays and 2 convenience store displays.
Answer: C
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What is the unemployment rate if there are 170 million people employed, 25 million people unemployed, and 35 million not in the labor force?
A) 14.7% B) 13.7% C) 12.8% D) 10.9%
An adverse supply shock shifts the short-run Phillips curve to the
a. right. This means the unemployment rate is higher at each inflation rate. b. right. This means the unemployment rate is lower at each inflation rate. c. left. This means the unemployment rate is higher at each inflation rate. d. left. This means the unemployment rate is lower at each inflation rate.
Harry's HVAC sells its new units bundled with after sales service. Why would it want to do that?
a. To ensure that the customer knows that they are stuck with Harry's service technicians b. To ensure that only the highest paid personnel get to service the units c. To ensure that the customers do not buy second-class servicing and then infer faulty design if a unit breaks down due to inadequate service d. All of the above
Macroeconomic equilibrium occurs when:
a. Expected supply equals expected demand. b. Actual leakages equal expected injections. c. Actual and expected supply equals actual and depected demand and actual and expected leakages equal actual and expected injections. d. Expected amount supplied equals expected amount demanded, which means expected leakages equal expected injections. e. None of the above.