If demand rises and supply remains the same, equilibrium price will _____ and equilibrium quantity will _____.

Jane is a 25 year old, full-time student. She works part time in her school library and is paid $7 an hour. She is considered to be

A) not in labor force. B) not in the working-age population because she is in college. C) employed. D) unemployed. E) in labor force but not working.

The present value of $1 payable in the future decreases

a. the higher r is and the sooner it is to be paid. b. the lower r is and the sooner it is to be paid. c. the higher r is and the longer time until it is paid. d. the lower r is and the longer time until it is paid.