The unemployment rate
A) rises during times of rapid economic growth and falls during times of slow economic growth.
B) rises during recessions and falls during booms.
C) rises during booms and falls during recessions.
D) tends to remain the same in booms and recessions.
B
Economics
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An example of a factor of production is
A) a bottle of wine produced by a vineyard. B) the wine exported by a vineyard. C) a vintner hired by a vineyard. D) a loan granted to a vineyard.
Economics
A call option has a strike price of $80. If the underlying stock is selling for $83 on the expiration date, the intrinsic value of the call option is __________ per share
A) $163 B) $83 C) $3 D) $0
Economics