As the popularity of the pill spread:
A. the number of younger workers willing to take entry-level jobs collapsed.
B. the number of women entering professional degree programs exploded.
C. the unemployment rate for women skyrocketed as there were more women competing for the same jobs.
D. the number of middle-aged women leaving the labor force
Answer: B. the number of women entering professional degree programs exploded.
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Suppose a single-price monopoly sells 3 units of a good at $20 per unit. If the monopoly sells 4 units, the total revenue increases to $72. What is the marginal revenue of the fourth unit?
A) $52 B) $18 C) $60 D) $12 E) $20
If expectations are rational, how can government influence unemployment in a predictable way?
a. with the normal tools, used in the normal fashion b. with fiscal policy; monetary policy will not work c. with monetary policy; fiscal policy will not work d. with surprise changes in policy only