Actual unemployment can exceed the natural rate of unemployment due to:
A. structural unemployment.
B. cyclical unemployment.
C. frictional unemployment.
D. All of these.
Answer: B
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The Land Ordinance of 1787 provided that a state would be admitted to the Union when its population reached:
a. 5,000. b. 30,000. c. 60,000. d. 100,000.
Transfer prices
a. are an accounting devise to allocate the costs and revenues of intermediate products across divisions b. increase the 'profits' of the profit center producing the intermediate product when they rise c. decrease the 'profits' of the profit center using the intermediate product when they rise d. all of the above
The practice of securitization of mortgages:
A. pooled high-risk mortgages together, which raised the prices of them to investors. B. allowed investors to profit from the mortgage payments without being exposed to any risk. C. pooled the risk of mortgages, allowing higher risk mortgages to be more safely sold to investors. D. was undertaken by government to guarantee the values of real estate.
If milk and cookies are complements, then their cross price elasticity of demand will be
A) elastic. B) greater than zero but less than 1. C) negative. D) positive.