Structural unemployment is likely to be affected by
A) the reservation wage curves of people.
B) minimum wage laws and other "rigidities" in the economy.
C) recessions and expansions.
D) the amount of the money supply.
B
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A country that exhausts its foreign exchange reserves and then resorts to devaluation may be said to have
a. adjusted its exchange rate b. imposed import controls c. imposed exchange controls d. borrowed currencies in the foreign exchange market e. borrowed foreign currencies from the IMF
Fix-High, a car service chain, immediately needs to raise $16 million to fund the construction of four new service centers. If Fix-High's owners wish to borrow funds without sharing the ownership of the firm, they should: a. liquefy their assets
b. take out a bank loan. c. issue stocks of their firm. d. wait till they make a profit of $16 million.
Which of the following would a macroeconomist consider as investment?
a. Marisa purchases a bond issued by Proctor and Gamble Corp. b. Karlee purchases stock issued by Texas Instruments, Inc. c. Charlie builds a new coffee shop. d. All of the above are correct.
The value of a producer's output minus the value of the inputs it purchases from other producers is called the producer's
A. surplus. B. gross product. C. value added. D. profit.