If interest rates in Europe fall below interest rates in the United States, then, other things equal, the demand for euros will decrease

Guiseppe Vibrato was so sick of his job that he quit, and now spends his days at the tavern, saying he never wants to work again. Guiseppe is

A) a discouraged worker. B) a discouraged drinker. C) unemployed. D) neither employed nor unemployed.

A monopolist is producing at an output level at which ATC = $5, P = $6, MC = $3, and MR = $4. We can conclude that

A) economic profit could be increased by producing more. B) economic profit could be increased by producing less. C) economic profit cannot be increased. D) the firm is earning $10 in economic profits.