Unemployment insurance could affect unemployment by:
A. increasing the equilibrium level of unemployment.
B. decreasing the amount of frictional unemployment.
C. changing the incentives of those unemployed and looking for work.
D. All of these are true.
D. All of these are true.
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If the marginal propensity to consume (MPC) is 0.8, the multiplier will be
A) 1. B) 5. C) 0.8. D) 4.
The table below shows data for the United States
Nominal Interest Rate Inflation Rate 2013 5.25 4 2014 5 2 2015 4.5 4.3 Between 2013 and 2014, the real interest rate ________ and caused a ________ the demand for loanable funds curve. A) increased; rightward shift B) decreased; leftward C) increased; movement upward along D) decreased; downward along
An example of third parties in the market of automobiles is
A) a pedestrian that is affected by the polluted air from automobiles. B) a producer of automobiles. C) a consumer of automobiles. D) None of the above belongs to third parties.
Patrice owns a travel agency. Her accountant most likely includes which of the following costs on her financial statements?
a. wages Patrice could earn giving tennis lessons b. dividends Patrice's money was earning in the stock market before Patrice sold her stock and leased the space for her travel agency c. the cost of utilities for operating the storefront d. Both b and c are correct.