If a one-year bond is purchased for $700 and the interest rate is 5 percent, what will it pay in one year?

Involuntary part-time workers are workers who

A) work less than 35 hours but would like to work full time. B) work more than 35 hours but would like to work less than 35 hours. C) work have lost their jobs within the last four weeks and are seeking another job. D) work less than 35 hours by choice. E) have withdrawn from the labor market.

In the figure above, compared to a perfectly competitive industry with the same costs, a single-price, unregulated monopoly will raise the price by

A) $2.00 per unit. B) $4.00 per unit. C) $6.00 per unit. D) $8.00 per unit.