Interest rates are higher the
A. larger the amount of the loan, holding other things constant.
B. shorter the duration of the loan.
C. greater the risk.
D. lower the inflation rate.
Answer: C
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Suppose the Bureau of Labor Statistics interviews 196,700 people in its monthly survey; 94,500 are not in the labor force, 91,150 are employed, 8,870 are unemployed, and 2,180 are in the armed forces
What is the unemployment rate the BLS announces? A) 8.87 percent B) 9.73 percent C) 9.39 percent D) 4.51 percent E) 10.81 percent
If Joe has budget constraint C in the graph shown, what is the relative price of three gallons of milk?
This graph shows three different budget constraints: A, B, and C.
A. 2 cases of soda
B. 4 cases of soda
C. $12
D. $9
If aggregate demand keeps increasing while aggregate supply remains unchanged, eventually
a. demand-pull inflation will occur b. cost-push inflation will occur c. demand-push inflation will occur d. cost-pull inflation will occur e. unemployment will occur
Immigration is an important
a. explanation for the failure of firms to operate on their labor-demand curves. b. explanation for the failure of firms to operate on their output-supply curves. c. source of shifts in labor demand. d. source of shifts in labor supply.