Suppose the cost of operating a 75 room hotel for a night is $6,000 and there are 5 empty rooms for tonight. The marginal cost per room per night
a. is $40.
b. is $80.
c. is $120.
d. cannot be determined from the information given.
d
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Why are most of the U.S. dollars held outside of the United States?
What will be an ideal response?
In the Keynesian cross diagram, a decline in autonomous consumer expenditure causes the aggregate demand function to shift ________ and the equilibrium level of aggregate output to ________, everything else held constant
A) up; rise B) up; fall C) down; rise D) down; fall
Workers who may be between jobs are considered:
a. frictionally unemployed. b. structurally unemployed. c. cyclically unemployed. d. unemployable. e. discouraged workers.
Which of the following groups has had declining labor force participation over the last 30 years?
a. Women b. Men c. Teenagers d. Americans