A supplier of paper napkins to the fast food industry is unlikely to have significant bargaining power
Indicate whether the statement is true or false
TRUE
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The unemployment rate is the number of unemployed people, expressed as
A. a ratio of total employed to the population. B. a ratio of unemployed to the total employed. C. a percentage of the labor force. D. a percentage of the population.
Consider a large open economy that has a zero current account balance. What are the effects on the world real interest rate, national saving, investment, and the current account balance in equilibrium if(a)future income rises?(b)business taxes decline?(c)government purchases decline?(d)the future marginal product of capital declines?
What will be an ideal response?
If the government increased licensing requirements for beauty salons, the supply curve for salon services would shift to the left
Indicate whether the statement is true or false
What are some criticisms of the CPI as a measure of inflation?
What will be an ideal response?