Which of the following is an example of cyclical unemployment?
A. Qadir is employed in the summer as a lifeguard but cannot find a position in the winter
B. Quincy left his job in Dallas to search for a new job in Idaho
C. Quinlan worked as an engineer until he was laid off because of a decrease in aggregate demand
D. Quinn has few job-related skills so she is never hired even though she continues to apply
C. Quinlan worked as an engineer until he was laid off because of a decrease in aggregate demand
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When a simple monopolist chooses to sell an additional unit of a good or service
a. marginal revenue will be equal to the going market price. b. marginal revenue will always be negative. c. it will only have to lower its price on the additional unit. d. it will have to lower its price on the additional unit and on all other units.
Leakages cause diversion of income from the domestic spending stream
a. True b. False Indicate whether the statement is true or false
In reality, commercial banks function most like ____ of the district Federal Reserve Banks
a. stockholders b. regulators c. customers d. competitors
The fee that insurance companies collect in exchange for covering unpredictable costs is called a:
A. prepaid event charge. B. preventative payment. C. premium. D. ultimatum.