Who would the BLS count as unemployed? The person who
A) searches for a job after retiring from the military.
B) quits work and intends to stay at home raising his kids.
C) was fired from work and decides to attend college full time rather than seek work.
D) is dissatisfied with her present job and spends hours reading the help-wanted ads.
A
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A monopolistically competitive firm will end up selling its output for a price such that its
A) price is greater than marginal cost. B) price is equal to marginal cost. C) price is equal to marginal revenue. D) price is equal to average total cost.
Everything else held constant, when the government has higher budget deficits
A) the demand curve for bonds shifts to the left and the interest rate rises. B) the demand curve for bonds shifts to the left and the interest rate falls. C) the supply curve for bonds shifts to the right and the interest rate falls. D) the supply curve for bonds shifts to the right and the interest rate rises.