A drop in Durable Goods Orders should send bond prices __________ and stock prices __________
A) up; up
B) up; down
C) down; up
D) down; down
B
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Unemployment is measured as
A) all adults in the civilian labor force who are not working. B) all adults in the civilian labor force who are willing and able to work and who are actively looking for work, but have not found a job. C) all teens and adults in the civilian labor force who are not working. D) all adults in the civilian labor force, regardless of whether or not they have been engaged in actively seeking employment, who do not have the job they want.
If markets are left to their own devices, the ________ a good or service is desired by buyers, the ________ its price will be
A) more; higher B) more; lower C) less; higher D) less; more unstable
In 2001 and 2002, McDonald's tried to improve the quality of its service by hiring mystery shoppers to evaluate service, cleanliness, and food quality
Indicate whether the statement is true or false
The real exchange rate is the nominal exchange rate, defined as foreign currency per dollar, times
a. U.S. prices minus foreign prices. b. U.S. prices divided by foreign prices. c. foreign prices divided by U.S. prices. d. None of the above is correct.