When the economy experiences a prolonged recession, the percent of the population who are unemployed 27 weeks of longer:
A. decreases.
B. increases.
C. may increase or decrease.
D. does not change.
Answer: B
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As interest rates rise, the expected absolute return of money ________, money's expected return relative to bonds ________
A) does not change; decrease B) rises; decrease C) does not change; increase D) falls; decrease
Television stations have seemingly synchronized their commercial breaks. This is likely an example of
A) tacit collusion. B) explicit collusion. C) mixed strategies. D) pure strategies.
A general rule of thumb is that if, after a period of increases, the leading indicator index sustains ________ consecutive declines, a recession (or at least a slowing of the economy) will follow
A) three B) four C) five D) six
It is difficult to practice arbitrage for untradable services or for goods which have a few knowledgeable traders
Indicate whether the statement is true or false