An American worker who becomes unemployed typically receives 100% of her former salary during the first six months she is unemployed
a. True
b. False
Indicate whether the statement is true or false
False
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In mid-2012 Delta increased the price of a New York to LA ticket by 10 percent. As a result of this price hike, there was a ________ shift in the demand curve for a ticket on Continental because the price of a ________ had risen
A) rightward; complement B) leftward; substitute C) leftward; complement D) rightward; substitute
A common error of business managers is to blame inflation on
A. consumer spending. B. rising wages. C. rising prices. D. rising interest rates. E. rising unemployment.
Which of the following is a major measure of economic growth?
A. Changes in real GDP. B. The fall in the rate of unemployment. C. The rise in the price level. D. Changes in interest rates.
A natural monopolist can produce total industry output more efficiently than several smaller but competitive firms.
Answer the following statement true (T) or false (F)