Refer to the information provided in Figure 2.4 below to answer the question(s) that follow. Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from

Which of the following would be an example of capital for a computer software firm? (i) the firm's computer programmers (ii) the wages the firm pays to its computer programmers (iii) computer equipment

a. (i) only b. (ii) only c. (iii) only d. (i) and (iii) only

If a state requires all drivers to purchase auto insurance, insurance companies still face the problem of

A) correctly pricing their insurance. B) sunk costs. C) adverse selection. D) excess demand for their insurance.