The labor force participation rate among both men and women 25 to 54 ________ from 2000 to today.
A. rose dramatically
B. fell (particularly for men)
C. stayed relatively constant
D. rapidly vacillated
Answer: B
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If the interest rate is 10%, then $1 today is worth how much one year from now?
A) $1.10 B) $1.00 C) $0.91 D) $0.90
The revenue raised by printing money is called:
A. interest rates. B. velocity. C. seigniorage. D. nominal income.
Which of the following is a feature of a contestable market?
A. There is a single firm in the market serving many consumers. B. There is a single firm in the market serving many consumers and the market price is equal to marginal cost. C. The market price is equal to marginal cost. D. There are several firms in the market serving many consumers.
In the figure above, the curve labeled "W" can be a
A) monopoly's demand curve. B) monopoly's marginal revenue curve. C) perfectly competitive firm's demand curve. D) perfectly competitive firm's marginal revenue curve.