A macroeconomist would study
A) the price changes at K-Mart.
B) the cost problems at several airlines.
C) the economy's unemployment level.
D) none of the above.
C
Economics
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If the price of milk was $2.50 a gallon and it is now $3.25 a gallon, what is the percentage change in price?
A) 13 percent B) 30 percent C) 75 percent D) 77 percent
Economics
Refer to the given data. The firm is hiring labor:
Use the labor demand data on the left and the labor supply data on the right in answering the following question:
A. at a wage rate that exceeds labor's MRP.
B. under purely competitive conditions.
C. in an imperfectly competitive market.
D. as a monopsonist.
Economics