Which of the following statements would come from someone classified as unemployed?

a. I'm not working because I'm going to Jamaica with my buddy.
b. I haven't had a job in a year, and I stopped looking for a job nine months ago.
c. I'm a full-time student at the University of Illinois who doesn't have time to work.
d. I can't stand my current job as a telemarketer. I used to be a nuclear engineer.
e. I'm not working. I had three interviews this week, and I'm trying to find a job.


E

Economics

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Ralph wants to buy some milk and a box of cereal. If Ralph buys 2 quarts of milk at $1 per quart, the box of cereal costs 75 cents. If he buys 3 quarts of milk at $1 per quart, the box of cereal is free. For Ralph, the marginal cost of the third quart of milk is:

a. zero. b. 25 cents. c. 75 cents. d. $1.

Economics

We would expect the cross elasticity of demand between Pepsi and Coke to be:

A. positive, indicating normal goods. B. positive, indicating inferior goods. C. positive, indicating substitute goods. D. negative, indicating substitute goods.

Economics

The satisfaction or happiness one gets from consuming a good or service is called

A. profits. B. utility. C. income. D. price.

Economics

The LM curve will shift to the right when government expenditures increase

Indicate whether the statement is true or false

Economics