Buying a newly issued bond implies:
a. borrowing money from a private bank.
b. taking over the ownership of the issuing firm.
c. lending money to the issuing firm.
d. paying the price for a service rendered by the issuing firm.
e. borrowing funds from international organizations.
c
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Suppose a firm in a competitive market produces and sells 8 units of output and has a marginal revenue of $8 . What would be the firm's total revenue if it instead produced and sold 4 units of output?
a. $4 b. $8 c. $32 d. $64
Look at the following data: The structural unemployment rate is 4 percent, the natural unemployment rate is 5 percent, and the cyclical unemployment rate is 3 percent. The frictional unemployment rate is ____________ percent and the actual unemployment rate is __________ percent
A) 2; 7 B) 2; 8 C) 1; 7 D) 1; 8