Recall the Application about the mismatch of rent-controlled apartments and their tenants to answer the following question(s).Recall the Application. According to a recent study, about ________ percent of rent-controlled apartments in New York City are mismatched.
A. 20
B. 40
C. 60
D. 80
Answer: A
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The labor-force participation rate of a country is 50%, and the adult population is 150 million. If 30 million people in this country are employed, _____ people are unemployed
a. 50 million b. 120 million c. 45 million d. 60 million
Assume that the central bank lowers the discount to increase the nation's monetary base. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the quantity of real loanable funds per time period and the nominal value of the domestic currency in the context of the Three-Sector-Model? State your answer after the macroeconomic system returns
to complete equilibrium. a. Real GDP rises and nominal value of the domestic currency remains the same. b. Real GDP falls and nominal value of the domestic currency remains the same. c. Real GDP and nominal value of the domestic currency remain the same. d. Real GDP rises and nominal value of the domestic currency rises. e. There is not enough information to determine what happens to these two macroeconomic variables.
Which of the following policies may decrease the level of capital intensity in industry?
a. an increase in the cost of capital b. a decrease in the minimum wage c. an increase in the elasticity of substitution d. All of the above
The following accompanying table shows the relationship between the speed of a computer's CPU and its benefits and costs. Assume that all other features of the computer are the same (that is, CPU speed is the only source of variation), and only the CPU speeds listed below are available for purchase.CPU GHzTotal BenefitMarginal BenefitTotal CostMarginal Costs2.0$1,000 $900 2.5$1,400 $1003.0 $300$1,200 3.5$1,900 $1,500 4.0$2,000 $400 The total cost of a 2.5GHz computer is:
A. $200. B. $1,000. C. $900. D. $100.