Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from
A. B to A.
B. A to C.
C. C to D.
D. B to D.
Answer: B
You might also like to view...
Assuming all else equal, if an airline company decides to purchase new planes, it is likely to cause:
A) a downward movement along its credit demand curve. B) its credit demand curve to shift to the right. C) an upward movement along its credit demand curve. D) its credit demand curve to shift to the left.
Which of the following can issue bonds?
A. the government B. corporations C. government agencies D. all of the above
(Appendix) The winner in an auction bidding process will
A. get less value than was paid in the bidding. B. on average pay an amount equal to the product's true value. C. get more value than was paid in the bidding. D. win the bid if he takes the average of his best estimate of the starting bid and the items true value.
Using Figure 35.2, the opportunity cost of producing 1 pair of golf shoes in the United States is
A. 1/3 of a baseball. B. 2 baseballs. C. 3 baseballs. D. Less than the opportunity cost in Mexico.