U.S. Treasury bills pay no interest but are sold at a ________. That is, you will pay a lower purchase price than the amount you receive at maturity
A) premium
B) collateral
C) default
D) discount
D
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To what do economists attribute the rapid growth of labor productivity in the United States relative to other countries?
A) the flexibility of U.S. labor markets and the efficiency of the U.S. financial system B) the high level of unemployment benefits the United States pays relative to other countries like Canada C) the strict government rules in the United States that regulate a firm's ability to hire and fire workers D) the low rate of job mobility in the United States
The average total cost at the profit-maximizing/loss-minimizing amount is a little over
A. $8 per unit.
B. $9 per unit.
C. $10 per unit.
D. $11 per unit.
Economic aggregates are studied by microeconomists.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 33.3 below to answer the question(s) that follow.
Figure 33.3Refer to Figure 33.3. The domestic price of shoes is $80. After trade the price of a pair of shoes is $60. Now domestic production costs fall so that the equilibrium domestic price of a pair of shoes is $70. This would cause
A. the number of pairs of shoes imported into this country to increase. B. the number of pairs of shoes exported from this country to increase. C. the number of pairs of shoes exported from this country to decrease. D. the number of pairs of shoes imported into this country to decrease.