If the rate of job finding equals 7%, and the rate of job separation equals 1%, then the natural rate of unemployment is

Limit pricing refers to

A) the fact that a monopoly firm always sets the highest price possible. B) how the price is determined in a kinked demand curve model of oligopoly. C) a situation in which a firm might lower its price to keep potential competitors from entering its market. D) none of the above.

Refer to above Table 2-1. What is the level of Corporate Profits?

A) 260 B) 180 C) 270 D) 170