How frequently is the survey that determines unemployment released?

a. quarterly
b. yearly
c. weekly
d. monthly


Ans: d. monthly

Economics

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If marginal profit is negative when the firm produces one more unit, then the firm is currently maximizing profits.

Answer the following statement true (T) or false (F)

Economics

In the balance of payments, all of the following are deficit items EXCEPT

A) imports of merchandise. B) funds placed in foreign depository institutions. C) sales of dollars to foreigners. D) tourism expenditures abroad.

Economics

Suppose the own price elasticity of demand for good X is ?0.5, and the price of good X increases by 10 percent. What would you expect to happen to the total expenditures on good X?

A. Increase B. Remain unchanged C. Decrease D. Neither increase, decrease, nor remain unchanged

Economics

When firms in an industry reach an agreement to fix prices, divide up market share, or otherwise restrict competition, they are using the strategy of:

A. interindustry competition. B. collusion. C. price leadership. D. limit pricing.

Economics