The best guess has turnover unemployment about ________ as mismatch unemployment
A) three times as large
B) twice as large
C) the same size
D) two-thirds as large
E) half as large
C
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In a figure that shows a supply curve and a demand curve, producer surplus is the area
A) below the demand curve and above the market price. B) below the supply curve and above the market price. C) above the demand curve and below the market price. D) above the supply curve and below the market price. E) between the demand curve and the supply curve.
If the demand for automobiles increases, which of the following would also experience an increase in demand?
a. automobile workers b. skateboards c. bicycle manufacturers d. ice cream e. financial analysts
Which of the following factors important in determining our standard of living are not reflected in the Gross Domestic Product?
A. The value of leisure, the quality of our environment, improvements in products quality. B. The value of our imports and exports, the value of leisure. C. The value of our imports, the improvements in product quality.
If the dotted horizontal line represents the effect of a usury law, then there is a ____ of loanable funds of ___ billion dollars.
A. shortage; 100
B. surplus; 100
C. shortage; 150
D. surplus; 150