Which of the following statements is not true?
A. The duration of unemployment increases during recessions.
B. The duration of unemployment increases during economic expansions.
C. The unemployment rate plus the employment rate equals 100% of the labor force.
D. The unemployment rate does not tell us anything about the duration of unemployment.
Answer: B
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During the 2009 euro crisis, a number of countries had private banks that had become too "big to save." Explain
What will be an ideal response?
Assume there are two companies. Both issue stock, but one is high quality and the other low quality. If potential investors cannot distinguish the quality of the company:
A. this is an example of moral hazard and the shares of both companies will cease to trade. B. the shares of both companies will trade on the market. C. the shares of the high quality firm will disappear from the market. D. the shares of the low quality firm will disappear from the market.
Refer to the figure above. What is the equilibrium quantity after the demand curve shifts to D2?
A) 20 units B) 30 units C) 35 units D) 50 units
If some monopolistically competitive firms exit their market after suffering short-run losses, the demand curves of remaining firms will shift to the right
Indicate whether the statement is true or false