The Darby (1976) revisions of the 1930s unemployment data show that if you count public employment, then the 1930s were not especially severe by historical standards
Indicate whether the statement is true or false
False
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The aggregate production function shows a(n) ________ relationship between ________ and output
A) decreasing; capital stock B) decreasing; labor C) constant; labor D) increasing; capital stock
The period from 1977 through 1989 saw a wave of corporate mergers in the U.S. These mergers were characterized by
a. the use of junk bonds for financing buyouts. b. the low debt-to-equity ratios of the resulting firms. c. resulting firms that focused on "core competencies" rather than diversification. d. a "buyers' market" in which acquiring firms could purchase the stock of takeover targets for less than market value. e. All of the above.
Suppose the market for shoes consists of three consumers. The accompanying table shows the quantity demanded at various prices for each consumer:PricePer PairPairs Demandedby PatPairs Demandedby LeighPairs Demandedby Chris$100010$75031$50173$302105 What is the market demand for shoes when the price is $50 a pair?
A. 15 pairs B. It will depend on the quantity supplied when the price is $50 a pair. C. 7 pairs D. 11 pairs
When an American sells a factory in Chicago to a citizen of Brazil, the transaction is registered as a debit in the U.S. capital account.
Answer the following statement true (T) or false (F)