The demand for borrowed funds is a derived demand.
Answer the following statement true (T) or false (F)
True
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Assume that in an economy with 200M inhabitants, 90M work, 4M are looking for a job, 3M receive unemployment insurance compensation, and 6M receive unemployment insurance compensation and are looking for a job. What is the unemployment rate?
A) 13% B) 10% C) 6.5% D) 5%
When _____, we are at the optimal amount of pollution
a. pollution is at zero b. pollution is equal to the amount produced in an unregulated market c. the total cost of pollution is equal to the total cost of pollution abatement d. the marginal cost of pollution is equal to the marginal cost of pollution abatement
If a consumer allocates income between goods A and B, total utility is maximized when
a. the marginal utility of A = the marginal utility of B b. the marginal utility of A = the marginal utility of B = 0 c. the price of A = price of B d. marginal utility of A/price of A = marginal utility of B/price of B = 0 e. marginal utility of A/price of A = marginal utility of B/price of B
The optimal mix of output is the most desirable combination of output attainable with existing
A. Technology and business decisions. B. Resources, technology, and social values. C. Resources, government regulations, and technology. D. Resources and products.