In which year did the unemployment rate in Germany fall compared to the EU-27 average?
A. 2008
B. 2010
C. 2007
D. 2006
Answer: B
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Since 1994 the number of people on the welfare rolls has
A. risen substantially. B. risen slightly. C. stayed about the same. D. fallen substantially.
Federal government outlays as a fraction of GDP tripled between 1959 and 2009
a. True b. False
A monopolistically competitive firm:
A. sometimes distinguishes its output from that of its competitors by locating in a more convenient place. B. sells products that are perfect substitutes for its competitors' products, so must compete on the basis of location. C. sells products that are close substitutes for its competitors' products, so will locate as far away from its competitors as possible. D. will be more successful the more similar its output is to its competitors' output.
Recall the Application about the price and supply of blueberries to answer the following question(s).According to the Application, as the quantity of blueberries demanded increases, prices ________ in the short run and ________ as supply catches up with demand.
A. rise; stabilize B. fall; stabilize C. rise; fall D. fall; rise