From 1950 until the late 1980s, the natural rate of unemployment in the United States
A) trended upward.
B) fell sharply as government retraining programs helped put the unemployed back to work.
C) cycled up and down in tandem with the actual rate of unemployment.
D) rose sharply, always exceeding the actual rate of unemployment.
A
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Refer to Figure 9-4. Suppose the government allows imports of leather footwear into the United States. What will be the quantity of imports?
A) Q0 B) Q1 C) Q2 D) Q2 - Q0
The most important source of financial capital for firms today is
A) sale of bonds. B) sale of new issues of stock. C) trade of previously issued stock. D) reinvestment of profits.
One reason firms in monopolistic competition can charge different prices is that their products are
a. identical. b. similar. c. differentiated. d. guaranteed.
The emergence of the subprime mortgage market following the recession of 2001 set off a boom in the housing industry
a. True b. False Indicate whether the statement is true or false