Which of the following countries can reduce youth unemployment by adjusting its labor laws?
a. South Africa
b. Spain
c. India
d. Greece
c. India
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Assume that the expectation of declining housing prices cause households to reduce their demand for new houses and the financing that accompanies it. If the nation has highly mobile international capital markets and a flexible exchange rate system, what happens to the real risk-free interest rate and GDP Price Index in the context of the Three-Sector-Model?
a. The real risk-free interest rate and GDP Price Index remain the same. b. The real risk-free interest rate falls, and GDP Price Index falls. c. The real risk-free interest rate falls, and GDP Price Index stays the same. d. The real risk-free interest rate rises, and GDP Price Index falls. e. The real risk-free interest rate rises, and GDP Price Index rises.
Refer to Figure 8.4. If six microwave ovens are produced, Micro Oven's average fixed costs are A) $33.33. B) $83.33. C) $116.67. D) indeterminate from this information.
Suppose the interest rate is 5 percent, the expected growth rate of the firm is 2 percent, and the firm is expected to continue forever. If current profits are $1,000, what is the value of the firm?
A. $26,500 B. $30,000 C. $35,000 D. $31,000
Refer to the information provided in Figure 7.7 below to answer the question(s) that follow. 
Figure 7.7Refer to Figure 7.7 above. If Roller Skates Unlimited moves from isoquant A to isoquant B, the number of roller skates produced
A. remains constant, but input prices have risen. B. remains constant, but Roller Skates Unlimited uses more capital and more labor. C. increases. D. decreases.