The largest source of unemployment is
A) re-entrants to the labour force.
B) job losers.
C) involuntary part-time workers.
D) job leavers.
E) entrants to the labour force.
B) job losers.
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Office Paper is an office supply firm. If the managers of Office Paper sell 5,000 boxes of staples a year and each order contains 500 boxes of staples, how many orders will the managers submit a year?
A) 10 B) 5,000 C) 500 D) 50
In economics, graphs serve two purposes: they offer a way to visually express ideas, and they provide a way of finding and interpreting patterns when analyzing economic data
a. True b. False Indicate whether the statement is true or false
Which of the following is an accurate statement about monopolistic competition?
a. Competing firms often conduct retaliatory moves. b. Firms often act independently. c. Markets often have few competing firms. d. Firms often significantly influence the policy of competing firms.
Rent depends on what the potential users of the land are willing to pay for it.
Answer the following statement true (T) or false (F)