The unemployment rate is at the natural unemployment rate when
A) frictional unemployment equals zero.
B) structural unemployment equals zero.
C) cyclical unemployment equals zero.
D) all types of unemployment equal zero.
C
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Interest payments on the national debt are not a problem because we owe all of it to ourselves
Indicate whether the statement is true or false
The supply curve for loanable funds would decline due to
A) an increase in wealth. B) an increase in the expected return on bonds. C) an increase in expected inflation. D) a decrease in the riskiness of bonds relative to other assets.
If fixed cost rises,
A. the profit-maximizing level of output would decrease. B. the profit-maximizing level of output would not change. C. marginal cost rises. D. variable cost falls.
Refer to the table below. What is the expected price of the input in Country A?
The above table provides the probability distribution of price of an input next year in Country A and Country B.
A) $999
B) $501
C) $500
D) $499