The market demand curve shows the relationship between the price and the quantity demanded by all consumers, everything else being equal.
Answer the following statement true (T) or false (F)
True
You might also like to view...
In the long run,
a. fiscal policy has no effect on the labor force participation rate. b. lower tax rates can lower the labor force participation rate. c. less generous transfer payments can raise the labor force participation rate. d. higher tax rates can raise the labor force participation rate. e. None of the above
Assume that the government increases spending and finances the expenditures by borrowing in the domestic capital markets. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the GDP Price Index and net nonreserve-related international borrowing/lending in the context of the Three-Sector-Model?
a. The GDP Price Index rises, and net nonreserve-related international borrowing/lending becomes more positive (or less negative). b. The GDP Price Index rises, and net nonreserve-related international borrowing/lending becomes more negative (or less positive). c. The GDP Price Index falls, and net nonreserve-related international borrowing/lending becomes more positive (or less negative). d. The GDP Price Index and net nonreserve-related international borrowing/lending remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
At what level of output does marginal cost equal marginal revenue?No. units producedTotal RevenueTotal costs0001100502180110325018042902705310380
A. 2 B. 3 C. 4 D. 1
Which of the following types of unemployment would best characterize a snow ski instructor's unemployment during the summer months?
A. Frictional unemployment. B. Cyclical unemployment. C. Structural unemployment. D. Seasonal unemployment.