Measuring unemployment is the job of the

Refer to Figure 4-3. Kendra's marginal benefit from consuming the first ice cream cone is

A) $9.00. B) $7.50. C) $3.50. D) $0.50.

We would be most likely to experience a shift from one Phillips curve to another if the government attempts to

a. reduce the unemployment rate and workers, fearing inflation, react by bargaining for higher wages b. reduce the unemployment rate and consumers, fearing higher taxes, cut their spending c. reduce the unemployment rate and firms hire more employees without having to raise wage rates d. reduce the unemployment rate and the inflation rate simultaneously e. reduce the inflation rate and firms respond by making no employment changes