Which are the two ways in which people can help charitable causes?
What will be an ideal response?
People can help charitable causes by giving either time or money.
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The short-run Phillips curve shifts when
A) the actual inflation rate changes and also when the expected inflation rate changes. B) the inflation rate increases and also when the unemployment rate decreases. C) the expected unemployment rate changes and also when the expected inflation rate changes. D) the natural unemployment rate changes and also when the expected inflation rate changes. E) the actual unemployment rate changes and also when the expected unemployment rate changes.
If you deposit $10,000 in a savings account at an annual interest rate of 6%, how much will you have in the account at the end of three years?
A) $8,396 B) $11,800 C) $11,910 D) $10,600
Suppose that the adult population in some country is 225 million. If 40 million are unemployed and 100 million are employed, then the unemployment rate is approximately
a. 29%. b. 18%. c. 24%. d. 6%.
Paying efficiency wages means that wages are
a. above equilibrium, and profits are higher than otherwise. b. above equilibrium, and profits are lower than otherwise. c. below equilibrium, and profits are higher than otherwise. d. below equilibrium, and profits are lower than otherwise.