Refer to Figure 1. The unemployment rate is ?
Refer to Figure 1. The unemployment rate is ?
A. 3.2 Percent
B. 5.7 Percent
C. 5.8 Percent
D. Not Enough
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Even through buying roles in the family change constantly the _________ has traditionally been the main purchasing agent for the family?
Even through buying roles in the family change constantly the _________ has traditionally been the main purchasing agent for the family?A. wife
B. husband
C. teenage children
D. grandparentSuppose the economy is initially in long-run equilibrium Then suppose there is an increase in military spending due to rising international tensions According to the model of aggregate demand and aggregate supply what happens to prices and output in the short run ?
Suppose the economy is initially in long-run equilibrium Then suppose there is an increase in military spending due to rising international tensions According to the model of aggregate demand and aggregate supply what happens to prices and output in the short run ?A. Price fall; output rises
B. Price fall; output falls
C. Price rise; output fall
D. Price rise; output riseThe participation rate in the labour force is affected by ?
The participation rate in the labour force is affected by ?A. higher real wages
B. lower fixed costs of working
C. lower non-labour income
D. changes in tastes between leisure and work
E. all of the aboveThat the division of labor is limited by the size of the market best applies to which explanation of trade ?
That the division of labor is limited by the size of the market best applies to which explanation of trade ?A. Factor endowment theory
B. Product life cycle theory
C. Economies of scale theory
D. Overlapg demand theoryIf the exchange rate between Swiss francs and British pounds is 5 francs per pound, then the number of pounds that can be obtained for 200 francs equals ?
If the exchange rate between Swiss francs and British pounds is 5 francs per pound, then the number of pounds that can be obtained for 200 francs equals ?A. 20 pounds
B. 40 pounds
C. 60 pounds
D. 80 poundsIf the price elasticity is -0.3 this means ?
If the price elasticity is -0.3 this means ?A. Demand is upward slog
B. Demand is price elastic
C. A price fall would increase revenue
D. Demand is price inelastic