The economy is in an expansion and the housing market is growing. As a result of this, a home builder doubles his sales force. This would be best described as an example of a reduction in
A. structural unemployment.
B. frictional unemployment.
C. natural unemployment.
D. cyclical unemployment.
Answer: D
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List and define two types of capital income
What will be an ideal response?
If the dollar interest rate is 4 percent, the euro interest rate is 6 percent, then
A) an investor should invest only in dollars. B) an investor should invest only in euros. C) an investor should be indifferent between dollars and euros. D) invest only in dollars if the exchange rate is expected to remain constant. E) invest only in euros if the exchange rate is expected to remain constant.
Foreign exchange markets are markets wherein the goods of international trading partners are exchanged
Indicate whether the statement is true or false
When the electronics retailer Circuit City closed its stores following the 2008 recession, the market supply of electronic goods:
A. decreased, causing the market price to fall. B. decreased, causing the market price to rise. C. increased, causing the market price to rise. D. increased, causing the market price to fall.