The unemployment rate:
a. Tends to be more stable than the employment rate.
b. Has more reliable components (in terms of measurability) than the employment rate.
c. Always falls when the employment rate rises.
d. Always rises when the employment rate rises.
e. Is considered to be a poorer measure of business cycle activity than the employment rate.
.E
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Debbie makes porcelain plates in her home and sells them to the Opus gallery. She spent $400 last month on supplies and made 50 plates. She sold the plates to the gallery at $25 per plate. The gallery sells all the plates for $40 each. For all of the 50
plates, what is Debbie's total value added? For all the 50 plates, what is the gallery's total value added? What will be an ideal response?
From 1982 until 2000, stock prices rose dramatically. As measured by the Standard and Poor's 500 composite, stocks went from under ________ to above ________ during this period.
A. 10,000; 200,000 B. 200; 1,400 C. 1,000; 11,000 D. 400; 5,000