Author Question: The unemployment rate is an important economic statistic that can tell us about the health of the ... (Read 50 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
The unemployment rate is an important economic statistic that can tell us about the health of the economy. If the unemployment rate turns out to be high or higher than anticipated, we would expect
 
  A) that jobs are less difficult to find.
  B) it is more likely that an incumbent president will be re-elected.
  C) that investors will be more optimistic about the economy.
  D) that stock prices are more likely to fall.

Question 2

To maximize profit a monopolist will produce where
 
  A) marginal revenue is equal to marginal cost. B) average total cost is equal to average revenue.
  C) demand for its product is unit elastic. D) revenue per unit is maximized.


Anonymous

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

For a complete list of videos, visit our video library