Who of the following would necessarily be included in the Bureau of Labor Statistics' "unemployed" category?
a. Huey, who did not work during the previous four weeks
b. Dewey, who tried to find new employment during the previous four weeks
c. Louie, who was an unpaid worker during the previous four weeks
d. None of the above is correct.
d
Economics
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If a seller can sell 5 units at $8 each but can sell 6 units only by lowering the price to $7 (and must sell all units at the same price), the marginal revenue from selling the 6th unit is
A) $42. B) $7.50. C) $7. D) $2. E) none of the above.
Economics
An increase in the unemployment rate which is accompanied by an increase in the inflation rate is represented by a ________ the Phillips curve
A) movement down B) movement up C) upward shift of D) downward shift of
Economics