If N is the working-age population, Q is the labor force, and U is the number of unemployed, then the employment/population ratio is measured as
A) N/Q
B) U/Q
C) (Q-U)/N
D) Q/N
C
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Monopolization is a process by which the government restricts the growth of monopoly firms
a. True b. False Indicate whether the statement is true or false
Suppose you were working for Richstone's bakery and calculating whether the bakery was making a profit, considering the recent increase in rent. You have data for price (P), MR, ATC, MC, AVC, at the quantity of 1,000 breads a day. The firm's total profit is calculated by
a. P – AVC b. P – ATC c. P – MC d. (P – ATC)Q e. TR – TVC
Which of the following statements is true concerning the trend in hospital care between inpatient and outpatient services since the mid-1980s?
a. Both have been declining. b. Outpatient services have been growing while inpatient services have been declining. c. Outpatient services have been declining while inpatient services have been growing. d. Both have been growing. e. There has been no noticeable trend in either inpatient or outpatient services.
Abercrombie & Fitch wants to raise $8 million to finance the construction of a new store, and the company wishes to raise the funds through direct finance. Which of the following methods could it use?
A) It could sell $8 million in bonds. B) It could borrow $8 million from a bank. C) It could issue $8 million in stocks. D) It could choose either A or C.