If the seasonally unadjusted unemployment rate rises from December to January, you
A. can be assured that the seasonally adjusted rate has fallen.
B. know that the seasonally adjusted rate remained the same.
C. have no knowledge as to what will have happened to the seasonally adjusted rate.
D. can be assured that the seasonally adjusted rate has risen as well.
Answer: C
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Of the types of business organizations in the United States, corporations account for ________ percentage of revenues and ________ percentage of profits
A) the largest; the largest B) the smallest; the largest C) neither the largest nor smallest; the largest D) largest; neither the largest nor smallest
Economic efficiency requires that a natural monopoly's price be set corresponding to the quantity where marginal revenue equals marginal cost
Indicate whether the statement is true or false
In the futures market, the difference between the price of the futures and the underlying asset is eliminated by
A) speculators. B) hedgers. C) arbitrageurs. D) longs.
If an economy keeps increasing its capital stock, then over time its production possibilities curve will
a. remain unchanged but more capital goods will be produced b. shift outward c. shift inward d. disappear because scarcity will eventually be overcome e. remain unchanged, but production will occur outside (exterior to) the curve