In years when teenagers become a greater percentage of the labor force,
A) the natural rate of unemployment falls.
B) the natural rate of unemployment rises.
C) the inflation rate rises.
D) the inflation rate falls.
B
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Which of the following is a function of the Fed?
a. Printing foreign currency b. Determining the level of government spending c. Distributing welfare benefits d. Administrating the Social Security fund e. Ensuring that banks operate in a sound and prudent manner
Market supply is found by
A) vertically summing the relevant part of each individual producer's marginal cost curve. B) horizontally summing the relevant part of each individual producer's marginal cost curve. C) vertically summing each individual producer's average total cost curve. D) horizontally summing each individual producer's average total cost curve.