Adam is looking for a job in marketing. He has had some offers and his prospects are promising, but he has not yet accepted a job. Amanda lost her job working for Mercury Bicycles because many customers decided they prefer bicycles manufactured by Ultimate Bicycles instead. Who is frictionally unemployed?
a. Adam but not Amanda
b. Amanda but not Adam
c. both Adam and Amanda
d. neither Amanda nor Adam
c
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Refer to Table 29-1. Use the information in the table to prepare a balance of payments account and find the value of the statistical discrepancy. Assume that the balance on the capital account is zero
What will be an ideal response?
You own stock worth an estimated $1 million in the LPL corporation. In addition, you have personal assets worth another $2 million. LPL becomes insolvent, with debts exceeding assets by $15 million. Your personal wealth will decline by
a. $0 b. $1 million c. $1.5 million d. $3 million e. your proportion of the total outstanding stock shares times $15 million
Refer to the graphs shown. If quantity supplied is a fixed amount that does not vary with price, then the supply curve looks like:
A. I. B. II. C. III. D. IV.
The Federal Reserve banks clear checks between private banks, hold bank reserves, provide currency for banks, and make loans to private banks.
a. true b. false