Employment can remain the same while the labor force participation rate decreases if unemployment ______________
What will be an ideal response?
decreases
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Use the following consumption schedule to answer the next question. The marginal propensity to consume is represented by
A. GE/AB. B. EF/BE. C. GF/BE. D. DE/AB.
The table below shows four alternative techniques for assembling a car. The cost of labor is $20 per hour, and the cost of capital is $10 per hour. Which of the four techniques for assembling a car is economically efficient?
A) T-1 B) T-2 C) T-3 D) T-4
Banks can lower their liquidity risk by having more __________ on their balance sheet
A) government securities B) transactions deposits C) loans D) savings deposits
Using the above table, what is the opportunity cost of moving from alternative C to alternative D?
A) 60 loaves of bread B) 2 loaves of bread C) 30 loaves of bread D) 1/2 loaf of bread