Suppose there is a shortage of computer programmers, but firms refuse to hire unemployed typists and train them. This is one reason for ________ unemployment
A) turnover
B) seasonal
C) mismatch
D) cyclical
C
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Figure 3-15
Refer to . Which area represents the increase in producer surplus when the price rises from P1 to P2?
a.
BCE
b.
ACF
c.
ABED
d.
AFEB
In making policies about the nation’s money supply, the Federal Reserve Board
A. operates as an independent entity. B. must consult each member bank. C. must consult with Congress. D. must coordinate all activity with the White House.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, as the economy moves from Point E to Point A, the opportunity cost of hybrid cars, measured in terms of motorcycles
A. increases. B. initially increases, then decreases. C. decreases. D. remains constant.
Refer to the information provided in Table 23.6 below to answer the question(s) that follow.
Table 23.6A Hypothetical Investment Schedule
Refer to Table 23.6. If the interest rate dropped from 15% to 6%, planned investment would ________ by $________ billion.
A. decrease; 90 B. increase; 270 C. decrease; 270 D. increase; 90