If the interest rate rises, the present value of property rises because the return is now higher
Indicate whether the statement is true or false
F
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Rob is considered unemployed in the Current Population Survey if he
A) does not have a job and stopped looking for a job at least two months ago. B) is in his last term of college before he graduates. C) has looked for a job in the last four weeks but has not found a job. D) has a part-time job but would like a full-time job. E) has worked at least 1 hour but not more than 15 hours as a paid employee during the last week.
Which component of federal spending is included in GDP?
A) transfer payments B) government purchases C) net exports D) capital supply
The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been spotty. Each worker is paid $100 a day. Labor costs are the only variable costs of production. What is the total fixed cost of producing 64 bikes?
A) $200 B) $300 C) $400 D) $500
If Californians increase their purchases of Italian wine, assuming all else remains constant, this will ________ of the United States
A) decrease the balance of payments B) increase the current account balance C) increase net exports D) decrease the balance of trade E) decrease the trade deficit