Unemployment caused by a recession, assuming the time it takes to find a job constant, is called:

The marginal cost curve

A) shows the maximum price that a producer must receive to induce it to produce a unit of a good or service. B) shows the minimum price sellers must receive to produce a unit of a good or service. C) is the same as the demand curve. D) shows what buyers are willing to give up to get one more unit of a good or service.

Assuming that the exchange rate rises by 5 percent, hence, the dollar volume of exports rises by 5 percent, then foreign exchange earnings would

a. remain constant. b. increase by 5 percent. c. actually decrease by 5 percent. d. increase by 10 percent.