Refer to Figure 28-2. At which point is the unemployment rate equal to the natural rate of unemployment?
A) A
B) B
C) C
D) There is insufficient information on the graph to answer this question.
A
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Movie theatres decided to increase the price of movie tickets. Holding other factors constant, what happens to the demand for popcorn in the movie theatres?
a. Demand for popcorn shifts to the left because popcorn and movies are substitute goods. b. Demand for popcorn shifts to the left because popcorn and movies are complementary goods. c. Demand for popcorn shifts to the right because popcorn and movies are substitute goods. d. Demand for popcorn shifts to the right because popcorn and movies are complementary goods.
The money multiplier tends to be greater when:
A. individuals hold less cash. B. individuals hold more cash. C. banks hold more excess reserves. D. the reserve ratio increases.