In macroeconomics, which of the following topics would most likely be studied?

A. Bob's budget
B. Nike's costs of production
C. The growth rate of the oil industry
D. Unemployment in Mexico.

D. Unemployment in Mexico.

Economics

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Refer to the figure above. If the monopolist faces a constant marginal cost of $10, at what price should it sell its output?

A) $2 B) $10 C) $12 D) $14

Economics

Suppose that the cost of a loaf of bread in Zanadoo is 20 shillings, and this represents a full day's wages for the typical factory worker. The 20 shillings represents a ____ value while the loaf of bread costing a full day's wage represents a ____ value.

a) real; real b) nominal; nominal c) real; nominal d) nominal; real

Economics