If the price level increases, then there will be
a. a movement upward along the AD curve
b. a downward movement along the AD curve
c. an AD curve shift to the right
d. an AD curve shift to the left
e. an AS curve shift to the right
A
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A compensation scheme that pays salespeople a percentage of the sales they make is attempting to reward
a. work effort. b. loyalty to the firm. c. years of schooling. d. years of experience.
Centerville has 200 unemployed people. Of these 200 people, 35 are unemployed for two weeks before finding a new job, 55 are unemployed for four weeks before finding a new job, 30 are unemployed for six weeks before finding a new job, 15 are unemployed for 10 weeks before finding a new job, and 65 are unemployed for 15 weeks before finding a new job. Approximately what is the average spell of unemployment in Centerville?
A. 2 weeks B. 14 weeks C. 8 weeks D. 11 weeks E. 5 weeks