Which of the following variables is likely to require seasonal adjustment?
A. Unemployment rates
B. Food Prices
C. Housing starts
D. All of these require seasonal adjustment
Answer: D
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If demand rises and supply falls, which of the following must be true?
a. The equilibrium quantity will rise. b. The equilibrium quantity will fall. c. The equilibrium quantity will not change. d. The change in the equilibrium quantity is indeterminate.
Any supplement to consumer spending that increases domestic aggregate output and income is called a leakage
Indicate whether the statement is true or false
According to the figure shown, Nike:
A. will reach an optimum outcome by acting in its own self-interest. B. has a dominant strategy to charge a high price. C. has a dominant strategy to charge a low price. D. does not have a dominant strategy.
The highest level of labor union organization is the
A. state. B. federation. C. national. D. local.