If a city has 3293 unemployed people and 69,884 employed people, then the city's unemployment rate equals
A) 45.0%.
B) 4.5%.
C) 4.3%.
D) 0.45%.
B
Economics
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A single-price monopoly is characterized by a marginal revenue curve that is
A) upward sloping. B) downward sloping. C) horizontal. D) vertical.
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Scarcity is caused by
A) unlimited wants running up against limited economic resources. B) lazy workers. C) an individual's budget that is insufficient to cover the expenses of certain goods or services. D) shortages.
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