People who work part time but desire to work full time are considered to be officially unemployed.
Answer the following statement true (T) or false (F)
False
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The demand for money is based on
A) the demand for consumption, demand for investment, and demand by government. B) the demand for cash, demand for securities, and the demand for real estate. C) a demand for liquidity and wealth. D) the transactions demand, asset demand, and precautionary demand.
Which of the following is likely to increase measured GDP in the United States?
A) Florida implements a state income tax, prompting more Floridians to obtain jobs in the underground economy. B) Nissan increases production in its Japanese factories to produce more cars for export to the United States. C) Prostitution is legalized in all 50 states. D) A greater number of men in California decide to become "stay-at-home dads" to take care of their kids.
In the early 1920s U.S. consumer prices fell, while Germany experienced hyperinflation. According to the ideas of shoeleather costs and menu costs, U.S. households (relative to German households) made _____ frequent trips to the bank and U.S. firms changed prices _____ frequently
Fill in the blank(s) with correct word
Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. The marginal rate of transformation in moving from Point B to Point A is
A. -2/3. B. -3/4. C. -1.5. D. -20.