Which of the following does not help reduce frictional unemployment?
a. government-run employment agencies
b. public training programs
c. unemployment insurance
d. All of the above help reduce frictional unemployment.
c
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The new growth theory of economic growth examines the interaction of
A) regulations and capital expansion. B) technology, research, and innovation. C) resources and labor productivity. D) labor and population.
Refer to the information below. If the firms' managers form a price -fixing cartel that maximizes the firms' total profit, what is price charged in the market?
A small nation has three gasoline suppliers with a linear monthly market demand equal to: Q = 500,000 - 5P. Each firm's marginal cost (MC) and average total cost (ATC) curves are horizontal at $10,000 per month. A) $100,000 B) $10,000 C) $55,000 D) $5,500
Suppose the marginal propensity to consume in an economy is 0.9. What would be the Keynesian multiplier in this economy?
Select one: a. 0.1 b. 2 c. 5 d. 10
If a corporation retains all its profits and distributes none of the profit to owners, how can owners benefit?
A) If the retained earnings are expected to create future profits, the market price of the firm's stock will increase and create a capital gain for stockholders if the stock is sold. B) Shares of stock can be converted into bonds so stockholders will be able to earn coupon payments. C) Owners will only benefit if some profits are paid out in the form of dividends. D) Owners will benefit by changing the board of directors.