Due to lowering its prices to compete with its rivals, increased competition from Airbus, and cuts to military spending, Boeing announced it would ________ the number of persons it employed in 2017 and this would ________ the total number of persons
unemployed in the economy.
A) decrease; increase
B) decrease; decrease
C) increase; decrease
D) increase; increase
Answer: A
Economics
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If the price of monthly satellite TV service increases from $40 to $50, the percentage change is
A) 5 percent. B) 20 percent. C) 25 percent. D) 45 percent.
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Each point on the production possibilities frontier achieves allocative efficiency
Indicate whether the statement is true or false
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